REQUIREMENTS ENGINEERING
REQUIREMENTS GATHERING AND ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Schedule Feasibility
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Operational Feasibility
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Technical Feasibility
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Economic Feasibility
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Detailed explanation-1: -Types of Feasibility Study Technical Feasibility: Consists in determining if your organization has the technical resources and expertise to meet the project requirements. Economic Feasibility: You’ll need to do an assessment of the economic factors of your project to determine its financial viability.
Detailed explanation-2: -Technical feasibility inspects whether software can be built at all with available tools and experts. Economic feasibility examines the costs and financial benefits of the project. To determine economic feasibility, a rough order of magnitude (ROM) estimate is commonly performed.
Detailed explanation-3: -Prepare a preliminary analysis. Create a projected income statement. Conduct a market survey. Make a business plan. Prepare a balance sheet. Review your data and make a decision.