TECHNOLOGYS ETHICAL LEGAL PRIVACY ISSUES
INFORMATION PRIVACY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Operational feasibility
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Schedule feasibility
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Technical feasibility
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Economic feasibility (also called cost/benefit feasibility)
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Detailed explanation-1: -A feasibility study is an analysis used to determine whether a proposed project or venture is likely to be successful. The purpose of a feasibility study is to assess the viability of a project or venture and make recommendations on how to proceed. Due diligence is a comprehensive examination of a company or business.
Detailed explanation-2: -A cost-benefit analysis is the process of comparing the projected or estimated costs and benefits (or opportunities) associated with a project decision to determine whether it makes sense from a business perspective.
Detailed explanation-3: -• Cost-feasibility analysis compares total cost to available. budget; no direct assessment of effectiveness.
Detailed explanation-4: -Economic Feasibility This assessment typically involves a cost/ benefits analysis of the project, helping organizations determine the viability, cost, and benefits associated with a project before financial resources are allocated.