5 Questions
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?
Narrows the business alternatives.
What does a feasibility study help determine?
The viability of a proposed initiative or service.
Test your knowledge on project feasibility studies and learn about the importance of conducting a formal analysis to determine the viability of an idea. Explore topics such as analyzing possible solutions, recommending the best solution, and identifying the needs of an organization.
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