SYSTEMS DEVELOPMENT ANALYSIS
SYSTEMS DEVELOPMENT LIFE CYCLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Availability of hardware and software
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Resource requirements
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Costs and benefits
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All of the above
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Detailed explanation-1: -A feasibility study is a preliminary exploration of a proposed project or undertaking to determine its merits and viability. A feasibility study aims to provide an independent assessment that examines all aspects of a proposed project, including technical, economic, financial, legal, and environmental considerations.
Detailed explanation-2: -Feasibility studies help project managers determine the viability of a project or business venture by identifying the factors that can lead to its success. The study also shows the potential return on investment and any risks to the success of the venture.
Detailed explanation-3: -A feasibility study is used to determine the proposed system.
Detailed explanation-4: -Contents of a Feasibility Study Description of Product or Service. Technology Considerations. Product or Service Marketplace. Identification of Specific Market.
Detailed explanation-5: -Formal investigation of profitable opportunity.