Systems Analysis and Design20805 marksEconomic feasibility measurement
What is economic feasibility? List commonly used cost-benefit analysis techniques.
What is economic feasibility? List commonly used cost-benefit analysis techniques. [5]
Economic feasibility is the assessment of whether the benefits of a proposed system justify the costs involved in developing, implementing, and maintaining it. It determines whether the organization can afford the system and whether the investment will provide a reasonable return. It involves eva...