It is one of the Enterprise Analysis
Go or No Go
Is done whether to proceed or not.
Identifies new opportunities while investigating.
Identifies reasons why not to proceed.
Identifies cost & Benefits.
Provides quality info for decision making.
Gives focus to the project.
Access Financial Viability – Return on Investment,Break even point
Areas of Feasibility Study
1)Economical Feasibility : Relates to Budget and how the money will be spent.
2)Technical Feasibilty : Related to Hardware and Software
3)Operational Feasibility : Relates to people will be able to handle new system.
4) Schedule Feasibility : Relates to amount of time allocated to develop new system.