What is feasibility study in system analysis and design?
Ngày đăng:
10/11/2022
Trả lời:
0
Lượt xem:
90
Objectives of Feasibility Analysis Show
Steps in Feasibility Analysis Feasibility analysis is carried out in following steps:
Types of Feasibility During feasibility analysis, the analyst considers the three main types of feasibility — technical, economical and operational feasibility, all of which are interrelated.
After the feasibility study, a document is prepared that is known as ‘Feasibility Study Report’. Besides this report, the analyst also gives the oral presentation of feasibility study to the management. Read More : System Development Life Cycle Related Posts:
What is meant by feasibility study?A feasibility study is a detailed analysis that considers all of the critical aspects of a proposed project in order to determine the likelihood of it succeeding. Success in business may be defined primarily by return on investment, meaning that the project will generate enough profit to justify the investment.
What is feasibility study and example?Feasibility study – example
A hospital, for example, aiming to expand, i.e., add an extension to the building, may perform a feasibility study. The study will determine whether the project should go ahead. The people carrying out the study will take into account labor and material costs.
What is feasibility study and its importance?Feasibility studies can identify the logistical, financial, and market challenges of a proposed project by evaluating: What the estimate would be to fund the project. When the potential business will offer a return on investment. The market for the proposed product or service.
What is a feasibility analysis in systems engineering?The aims of a feasibility study are to find out whether the system is worth implementing and if it can be implemented, given the existing budget and schedule.
|