Feasibility Study
Feasibility Study
Feasibility Study
1. Technical Feasibility: -
This application includes the study of multi-tiered architecture,
server and client-side scripting techniques that may affect the ability to
achieve acceptable system. The main technologies that are associated
with this project are :-
• Languages :
1) HTML
2) CSS
3) Java Script
• Database :
1) MySQL
2) PHP
2. Resource Feasibility :-
This aspect looks at the resources that are required to complete the
project and whether the available resources are sufficient to complete
the project effectively. It involves assessing the availability and
adequacy of various resources required for the successful development,
implementation, and maintenance of the web application.
Resource required for project includes :-
• Hosting space (freely available)
• Programming device (laptop)
• Programming tools (freely available)
3. Time feasibility :-
This assessment is important when it comes to project success. After
all, if a project isn’t completed on time, it is bound to fail! In time
feasibility, you estimate the time needed to execute and complete the
project. Once that’s done, think about how your project timeline aligns
with your current operations, such as product schedule, demand planning,
and more. It’s time to explore the entire process of conducting a feasibility
study.
4. Operational Feasibility :-
The need of Operational Feasibility is to determine that what are the
impact of operations in both the current system as well as the
operations of the new system. To operate the proposed system the user
no need to require any technical knowledge, the financial planner web
application is easy to use and will be made considering the importance
of user’s personal and financial budget. In this web app, the client will
be able to check out the places where his money flow goes. It helps
clients manage their current money needs and reach their long-term
financial goals. Their focus may be broad or narrow. Hence, it is
operational feasible. Operational feasibility refers to the assessment of
whether a proposed project, in this case, a flooring shop web
application, can be successfully implemented and integrated into the
existing operations. It involves evaluating whether the web application
aligns with the organization's goals, processes, and capabilities.
5. Economical feasibility :-
An Economical Feasibility can be performed by performing the analysis
of the cost required to develop the projects and the benefits/profit that
can be gained after the development of that project. The new system is
economically feasible only when the benefit is more than the sales and
products. This project is made with minimum capital investment.
Hence this project can be considered as economically feasible because
the expenditure is not greater than the benefits.