Overview of feasibility

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Overview of feasibility

  1. 1. 4 main yardsticks to measure a proposal
  2. 2. Sometimes a feasibility study is quite simple and can be done in a few hours.
  3. 3. If the request involves a new system or a major change,however, extensive fact-finding and investigation is required.
  4. 4. “Therefore the Effort needed to go into a feasibility study isdepending upon the request.”
  5. 5. Systems Analyst must AsksImportant Questions.
  6. 6. Operational feasibility means that a proposedsystem will be used effectively after it has been developed.If users have difficulty with a new system, it will not produce the expected benefits.
  7. 7. Technical feasibility refers to the technicalresources needed to develop, purchase, install,or operate the system.
  8. 8. Economic feasibility means that the projectedbenefits of the proposed system outweighthe estimated costs usually considered theTotal Cost of Ownership (TCO),which includes ongoing support andmaintenance costs, as well as acquisition costs.
  9. 9. Economic feasibility means that the projectedbenefits of the proposed system outweighthe estimated costs usually considered theTotal Cost of Ownership (TCO),which includes on going support andmaintenance costs, as well as acquisition costs.
  10. 10. Schedule feasibility means that a project can beimplemented in an acceptable time frame.When assessing schedule feasibility, a systemsanalyst must consider the interaction betweentime and costs.

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