Project Feasibility Studies

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What is the purpose of a feasibility study?

To provide a framework and direction for development and delivery.

Feasibility studies are conducted to determine the viability of a proposed initiative or service. What is one of the reasons why we do feasibility studies?

To find a solution that is cost effective from a business perspective.

What is a feasibility study?

A formal study to decide what type of system can be developed, which best meets the needs of the organization.

What are the benefits of conducting a feasibility study?

<p>Narrows the business alternatives.</p> Signup and view all the answers

What does a feasibility study help determine?

<p>The viability of a proposed initiative or service.</p> Signup and view all the answers

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