Conducting a feasibility study is one of the key activities within the project initiation phase.
It aims to analyze and justify the project in terms of technical feasibility, business viability, and cost-effectiveness.
It aims to analyze and justify the project in terms of technical feasibility, business viability, and cost-effectiveness.
● A feasibility study decides whether or not the proposed system is worthwhile.● It determines whether the project under analysis is achievable or not under the organization’s resources and constraints.● It makes an analysis of different aspects like cost required for developing and executing the system, the time required for each phase of the system and so on.
https://www.mediafire.com/file/tcqcsg4o8jrzycz/Day_7_Feasibility_Study.pdf/file
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