FUNDAMENTALS OF COMPUTER

SYSTEMS DEVELOPMENT ANALYSIS

SYSTEMS DEVELOPMENT LIFE CYCLES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the other name for feasibility study?
A
Organizational investigation
B
Preliminary investigation
C
Company investigation
D
None of the above
Explanation: 

Detailed explanation-1: -Feasibility Study can be considered as preliminary investigation that helps the management to take decision about whether study of system should be feasible for development or not.

Detailed explanation-2: -A pre-feasibility study is a preliminary systematic assessment of all critical elements of the project – from technologies and costs to environmental and social impacts.

Detailed explanation-3: -There are different types of studies to check feasibility, such as technical feasibility, market feasibility, organization feasibility, and financial feasibility, that help a company determine the viability of a business plan.

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