Feasibility study

Feasibility study:

Feasibility study is the 2^nd second phase of the SDLC. At this stage it is decided whether to proceed or not with the new system. We have different factors to be considered while developing a new system.

The different types of feasibility study are:

Technical:  At this stage it is decided whether the technology to develop the new system is available or not.

Economic: At this stage it is decided whether the organization has enough funds to develop the new system or not.

Legal: At this stage it is decided whether the new system is legal or not. If it is not legal, then we are not going to proceed with this.

Operational:  In this stage we see whether the staff is competent enough and skilled enough to use the new system.

Time schedule:  Here it is decided whether the project of the new system will be completed within the timeframe or not.

Feasibility study comes in the picture when there is a change request in the project and also when there is a transition and migration of the system. At these stages it is very important to do a feasibility study.