Feasibility study

Feasibility Study

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.