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Feasibility Study

The document discusses the feasibility study process for evaluating a proposed software project. It defines feasibility as the practical extent to which a project can be successfully completed. There are three types of feasibility: technical, which assesses current resources and technology; operational, which evaluates how well the software will function; and economic, which determines if the software will generate financial gains. A feasibility study collects information from sources like users and developers, assesses if objectives can be met within budget and schedule, and integrates with existing systems, culminating in a report recommending whether to proceed with the project.

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35 views3 pages

Feasibility Study

The document discusses the feasibility study process for evaluating a proposed software project. It defines feasibility as the practical extent to which a project can be successfully completed. There are three types of feasibility: technical, which assesses current resources and technology; operational, which evaluates how well the software will function; and economic, which determines if the software will generate financial gains. A feasibility study collects information from sources like users and developers, assesses if objectives can be met within budget and schedule, and integrates with existing systems, culminating in a report recommending whether to proceed with the project.

Uploaded by

4193- Srinath
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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FEASIBILITY STUDY

Feasibility is a practical extent to which a project can be performed successfully.


To evaluate feasibility, a feasibility study is performed, which determines whether
the solution considered to accomplish the requirements is practical and workable in
the software or not. Such information as resource availability, cost estimate for
software development, benefits of the software to organization, and cost to be
incurred on its maintenance are considered. The objective of the feasibility study is
to establish the reasons for developing a software that is acceptable to users,
adaptable to change, and comfortable to standards.

TYPES OF FEASIBILITY
1. Technical feasibility
2. Operational feasibility
3. Economic feasibility.

TECHNICAL FEASIBILITY
Technical Feasibility assesses the current resources and technology, which are
required to accomplish user requirement in the software within the allocated time
and For this, the software development team ascertains whether the current
resources and technology can be upgraded or added in the software to accomplish
specified user requirements.
 It analyses the technical and capabilities of the software development team
members.
 It determines whether the relevant technology is stable and established.
 It ascertains that the technology chosen for software development has large
number of user so that they can be consulted when problems arise, or when
improvements are required.
OPERATIONAL FEASIBILITY
Operational feasibility assesses the extent to which the required software performs
a series of steps to solve business problems and user requirements. This feasibility
is dependent on human resource and involves visualizing whether or not the
software will operate after it is developed, and be operated once it is installed.
 It determines whether or on Economic Feasibility
ECONOMIC FEASIBILITY
Economic feasibility determines whether the required software is capable of
generating financial gains for an organization. It involves the cost incurred on the
software development team, estimated cost of hardware and software, cost of
performing feasibility study, and so on. For this, it is essential to consider expenses
made on purchases and activities required to carry out software development. In
addition it is necessary to consider the benefits that can be achieved by developing
the software.
 Cost incurred on software development to produce long-term gains for an
organization.
 Cost required to conduct full software investigation.
 Cost of hardware, software, development team and training.

FEASIBILITY STUDY PROCESS:-

Information assessment:-Identifies information about whether the system helps in


achieving the objectives of the organization. It also verifies that the system can be
implemented using new technology and within the budget, and whether the system
can be integrated with the existing system.
Information collection:- Specifies the sources from where information about
software can be obtained. Generally, these sources include users, and the software
development team.

Report writing:- Uses a feasibility report, which is the conclusion of the


feasibility by the software development team. In includes the recommendation
whether the software development should continue or not.

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