Feasibility studies

Question 1

what are feasibility studies?

Answer 1

Analyze various factors such as technical, economic, legal, and operational aspects to evaluate whether the project is achievable and worthwhile.

Produced in SDLC’s Planning Phase

Related to cost benefit analysis.

Question 2

Sections of a typical Feasibility Report:
Organisational/Social impact, Technical options, Cost/benefit analysis.

Answer 2

Organisational/Social Impact:
Assesses system’s effect on workflow, roles, and user acceptance.

Technical Options:
Evaluates technology approaches, scalability, compatibility, and resource availability.

Cost/Benefit Analysis: Determines project’s financial viability.