Because, if you do not conduct a proper feasibility study before taking up a new project you wont even know if the project is feasible and can be completed. Taking up such a project is asking for failure to happen.
feasibility is the measure of how much a new solution
yes
Ah, the initial investigation and feasibility study are both important steps in the Software Development Life Cycle (SDLC). During the initial investigation, we gather information to understand the project requirements and scope. The feasibility study helps us assess if the project is technically and financially viable. Remember, each step is like a brushstroke in a beautiful painting, helping us create a successful project masterpiece.
Usually the Project Feasibility Study is the next stage after a project is proposed. Business requirements in projects may cause multiple projects to be proposed. But, it is during the feasibility study stage when experts try to figure out if the project is technically and financially feasible. Only if a project is feasible would it go the next stage where it will be initiated, planned and executed.
Introduction Study Scope and Methodology Environment Resources Evaluation of Resources Determination of Resource Significance Determination of Feasibility Opportunities Management Strategies Management Goals
Why is feasibility study important for system design?Read more: Why_is_feasibility_study_important_for_system_design
wy is the major and basic assumptions very important in the preparation of the feasibility study?
wy is the major and basic assumptions very important in the preparation of the feasibility study?
feasibility is the measure of how much a new solution
It is because a feasibility study is an evolving, dynamic process.
The feasibility study has 2 components:1. Feasibility Study Request2. Feasibility Study Report
Feasibility study
parts of the feasibility study
feasibility study
Marketing Feasibility study
sample of feasibility study
1. Feasibility Study Request 2. Feasibility Study report