COMPUTER SCIENCE AND ENGINEERING
SOFTWARE ENGINEERING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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System Process
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Project Management
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Feasibility Study
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I don’t know
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Detailed explanation-1: -A feasibility study is part of the initial design stage of any project/plan. It is conducted in order to objectively uncover the strengths and weaknesses of a proposed project or an existing business.
Detailed explanation-2: -A feasibility study-sometimes called a feasibility analysis or feasibility report-is a way to evaluate whether or not a project plan could be successful. A feasibility study evaluates the practicality of your project plan in order to judge whether or not you’re able to move forward with the project.
Detailed explanation-3: -Contents of a Feasibility Study Description of Product or Service. Technology Considerations. Product or Service Marketplace. Identification of Specific Market.
Detailed explanation-4: -The 5 types of feasibility study are Scheduling Feasibility, Operational Feasibility, Legal Feasibility, Economic Feasibility, and Technical Feasibility.
Detailed explanation-5: -A feasibility study contains a detailed analysis of what’s needed to complete the proposed project. The report may include a description of the new product or venture, a market analysis, the technology and labor needed, as well as the sources of financing and capital.