What is feasibility study?

It is a measure to find out how practical and beneficial the software project development will prove to the organization. The software analyzer conducts a study to know the economic, technical and operational feasibility of the project.

  1. Economic: It includes the cost of training, cost of additional and tools and overall estimation of costs and benefits of the project.

  2. Technical: It evaluate technical aspect. Is it possible to develop this system? Assessing the suitability of machine(s) and OS on which software will execute, knowledge of the software development and tools available for this project.

  3. Operational: Here the analyst need to assess that the organization will able to adjust smoothly to the changes done as per the demand for the project. Is the problem worth solving at the estimated cost?

After, studying all this the final feasibility report is created.

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