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1. determining if the deadline is mandatory or reasonable
2. makes the project team work hard to meet the specify date
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Explain all the inter-related types of feasibility studies?
What are the Types of Feasibility StudiesThere are many different types of feasibility studies; here is a list of some of the most common:Technical Feasibility - does the company have the technological resources to undertake the project? Are the processes and procedures conducive to project success?Schedule Feasibility - does the company currently have the time resources to undertake the project? Is the project completable in the available time?Economic Feasibility - given the financial resources of the company, is the project something that can be completed? The economic feasibility study is more commonly called the cost/benefit analysis.Cultural Feasibility - what will the impact on both local and general cultures be? What sort of environmental implications does the feasibility study have?Legal/Ethical Feasibility - what are the legal implications of the project? What sort of ethical considerations are there? You need to make sure that any project undertaken will meet all legal and ethical requirements before the project is on the table.Resource Feasibility - do you have enough resources, what resources will be required, what facilities will be required for the project, etc.Operational Feasibility - this measures how well your company will be able to solve problems and take advantage of opportunities that are presented during the course of the projectMarketing Feasibility - will anyone want the product once its done? What is the target demographic? Should there be a test run? Is there enough buzz that can be created for the product?Real Estate Feasibility - what kind of land or property will be required to undertake the project? What is the market like? What are the zoning laws? How will the business impact the area?Comprehensive Feasibility - this takes a look at the various aspects involved in the project - marketing, real estate, cultural, economic, etc. When undertaking a new business venture, this is the most common type of feasibility study performed.Arun Agrawal9456261654
How can you get evaluation of an energy system idea in terms of engineering feasibility and economic feasibility?
You need a fairly complex system to be evaluated on an energy system in terms of economic feasibility and engineering feasibility.
Why is feasibility study important for system design?
Why is feasibility study important for system design?Read more: Why_is_feasibility_study_important_for_system_design
Differentiate between a Feasibility study and a viability study?
The difference between feasibility study and a viability study is in what they determine. Feasibility study looks at the practicability of the business while viability studies look at how well a business can stand risks and survive.
Why is major and basic assumption is very important in preparation of the feasibility study?
wy is the major and basic assumptions very important in the preparation of the feasibility study?
What feasibility measures how will the proposed system will work?
Schedule feasibility
Give one example of schedule feasibility with details?
A schedule of feasibility is a document that assesses whether tasks and activities can be completed in a certain time frame. These are used during projects to keep every thing on schedule.
What are the types of project feasibility factors?
The types of project feasibility factors are economic, technical, operational, schedule, legal and contractual, and political. Economic feasibility is the process of identifying the financial benefits and costs associated with a development project. Technical feasibility is the process of assessing the development organization's ability to construct a proposed system. Operational feasibility is the process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities. Schedule feasibility is the process of assessing the degree to which the potential time frame and completion dates for all major activities within a project meet organizational deadlines and constraints for affecting change. Legal and contractual feasibility is the process of assessing potential legal and contractual ramifications due to the construction of a system. Political feasibility is the process of evaluating how key stakeholders within the organization view the proposed system
What are the five aspects of feasibility study?
Economic (benefit) Economic (costs) Technical Schedule Operational
What measures whether the lifetime benefits of the proposed information system will be greater than its lifetime costs?
schedule feasibility
What measures whether the lifetime benefits of the proposed information system will be greater than the lifetime costs?
schedule feasibility
What measures whether the lifetime benefits of the proposed information systems will be greater than its lifetime costs?
schedule feasibility
What measures whether the lifetime benefits of the proposed information system will be greater than its lifetime cost?
schedule feasibility
What measures whether the lifetime benefits of proposed information system will be greater than its lifetime costs?
schedule feasibility
Which type of feasibility measures whether the lifetime benefits of the proposed information system will be greater that the lifetime costs?
Type your answer here. schedule
Explain all the inter-related types of feasibility studies?
What are the Types of Feasibility StudiesThere are many different types of feasibility studies; here is a list of some of the most common:Technical Feasibility - does the company have the technological resources to undertake the project? Are the processes and procedures conducive to project success?Schedule Feasibility - does the company currently have the time resources to undertake the project? Is the project completable in the available time?Economic Feasibility - given the financial resources of the company, is the project something that can be completed? The economic feasibility study is more commonly called the cost/benefit analysis.Cultural Feasibility - what will the impact on both local and general cultures be? What sort of environmental implications does the feasibility study have?Legal/Ethical Feasibility - what are the legal implications of the project? What sort of ethical considerations are there? You need to make sure that any project undertaken will meet all legal and ethical requirements before the project is on the table.Resource Feasibility - do you have enough resources, what resources will be required, what facilities will be required for the project, etc.Operational Feasibility - this measures how well your company will be able to solve problems and take advantage of opportunities that are presented during the course of the projectMarketing Feasibility - will anyone want the product once its done? What is the target demographic? Should there be a test run? Is there enough buzz that can be created for the product?Real Estate Feasibility - what kind of land or property will be required to undertake the project? What is the market like? What are the zoning laws? How will the business impact the area?Comprehensive Feasibility - this takes a look at the various aspects involved in the project - marketing, real estate, cultural, economic, etc. When undertaking a new business venture, this is the most common type of feasibility study performed.Arun Agrawal9456261654
What are the 5 aspects of feasibility study?
technical feasibility financial feasibility delivery wise feasibility these three i know
