1.

What is the feasibility study?

Answer»

As the name implies, a FEASIBILITY study is a measurement of a software product in terms of how useful product development will be for the business from a practical STANDPOINT. Feasibility studies are conducted for a variety of REASONS, including determining whether a software product is appropriate in terms of development, IMPLEMENTATION, and PROJECT value to the business. The feasibility study concentrates on the following areas:

  • Economic feasibility
  • Technical feasibility
  • Operational feasibility
  • Legal feasibility
  • Schedule feasibility


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