Chapter 19, Problem 9RQ

Explanation of Solution

Feasibility study:

An analysis which used to measure the ability of successful project completion is a feasibility study.

Types of feasibility study:

There are several types of feasibility studies including

• Economic feasibility
  • It measures the project’s cost-effectiveness
• Operational feasibility
  • It measures how the identified system requirements are met by the solutions to solve the problem.
• Schedule feasibility
  • It measures the time frame of project to ensure on time completion...