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Economic Feasibility means ,the project benefit of the proposed system outweigh .The estimated cost usually considered the whole cost of ownership(TOC) WHICH MUST INCLUDES : 1 - Ongoing support 2 - Maintenance cost 3-Acquisition cost to determine TCO , the analyst must estimated cost in each following areas: People, include IT staff and user Hardware and equipment Sofware, house development, purchase from vendors Formal and informal training Licenses and feeds Consulting expenses Facility costs Tangible benefits and intangible benefits
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What are the four main criteria used to test the feasibility of a project?
The four main criteria used to test the feasibility of a project are technical feasibility, economic feasibility, legal feasibility, and operational feasibility. Technical feasibility assesses whether the project's technology and resources can achieve the desired outcomes. Economic feasibility evaluates the cost-effectiveness and financial viability of the project. Legal feasibility examines compliance with laws and regulations, while operational feasibility considers whether the organization can effectively implement and sustain the project within its existing operational framework.
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.
What is the comparative and superlative form of the word economical?
"economical" has no comparative or superlative form. You would say "more economical" or "most economical."
Is it correct to say- they have an economical condition?
They have a fair economical condition, or they have a hard economical condition. It's missing an adjective for the noun 'economical.' When "economical" is used as a preposition it is correct to say : They have an economical condition, with the meaning of profitable.
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
Is there any feasibility study on Microsoft access?
yes. operational,economical,and technical study
What are the 5 aspects of feasibility study?
technical feasibility financial feasibility delivery wise feasibility these three i know
Components of feasibility study?
The feasibility study has 2 components:1. Feasibility Study Request2. Feasibility Study Report
Downloadable document on feasibility study on insurance company?
you have to study thefollowing 1- economic feasibility 2- technical feasibility 3-financial feasibility 4-marketingb feasibility
Feasibility study examples?
Feasibility study
Components of project feasibility?
1. Feasibility Study Request 2. Feasibility Study report
Areas of Feasibility in knowledge management system?
economic feasibility, technical feasibilty, behavioral feasibility
Parts of feasibility report?
parts of feasibility report
What are the parts of feasibility study?
parts of the feasibility study
What to write in the introduction of feasibility study?
feasibility study
What are the four main criteria used to test the feasibility of a project?
The four main criteria used to test the feasibility of a project are technical feasibility, economic feasibility, legal feasibility, and operational feasibility. Technical feasibility assesses whether the project's technology and resources can achieve the desired outcomes. Economic feasibility evaluates the cost-effectiveness and financial viability of the project. Legal feasibility examines compliance with laws and regulations, while operational feasibility considers whether the organization can effectively implement and sustain the project within its existing operational framework.
What feasibility measures how will the proposed system will work?
Schedule feasibility
