EBK ESSENTIALS OF SYSTEMS ANALYSIS AND
EBK ESSENTIALS OF SYSTEMS ANALYSIS AND
6th Edition
ISBN: 9780100794245
Author: George
Publisher: YUZU
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Chapter 4, Problem 6RQ
Program Plan Intro

Feasibility study:

  • Feasibility study describes the strengths and weaknesses of a project.
  • There will be timelines and expenditure factors for every project.
  • The main task of a project manager is to check the feasibilities for running a project successfully.
  • For evaluating the factor, first, the situation should be analyzed.
  • Project specifications also describe which factor best fits for the situation.

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Briefly describe the various types of project feasibility that must be evaluated.
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Preparing feasibility studies, which include technical, economic, legal, operational, and schedule feasibility, is an important step in the system development life cycle. We go over these possibilities in depth in the interactive tutorials.Briefly discuss these possibilities. Also included in the economic feasibility section is a detailed cost-benefit analysis.
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