SYSTEMS DEVELOPMENT ANALYSIS
SYSTEMS DEVELOPMENT METHODS AND TOOLS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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operational
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technical
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human
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none of the above
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Detailed explanation-1: -There are four main elements that go into a feasibility study: technical feasibility, financial feasibility, market feasibility (or market fit), and operational feasibility.
Detailed explanation-2: -The 5 types of feasibility study are Scheduling Feasibility, Operational Feasibility, Legal Feasibility, Economic Feasibility, and Technical Feasibility.
Detailed explanation-3: -Operational Feasibility Operational feasibility is performed to understand well a proposed system solves the problems. From this aspect, operational feasibility studies are critical for system engineering and affect early design phases.
Detailed explanation-4: -What Is the Main Objective of a Feasibility Study? A feasibility study is designed to help decision-makers determine whether or not a proposed project or investment is likely to be successful. It identifies both the known costs and the expected benefits.