EMERGING TRENDS IN SOFTWARE ENGINEERING
MISCELLANEOUS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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describes the cost effective means of developing the proposed system
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discusses whether the proposed system will be cost effective
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is usually a lengthy and costly process
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describes how current software and hardware can be used to develop the proposed system
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Detailed explanation-1: -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. In business, “successful” means that the financial return exceeds the cost.
Detailed explanation-2: -A financial feasibility report includes a cost/benefit analysis of the project. It also forecasts an expected return on investment (ROI), as well as outlines any financial risks. The goal at the end of the financial feasibility study is to understand the economic benefits the project will drive.
Detailed explanation-3: -Operational Feasibility It determines whether the system is operating effectively once it is developed and implemented. It ensures that the management should support the proposed system and its working feasible in the current organizational environment.