System Analysis and Design20805 marksProcess of Initiating and Planning IS Development Projects,
Define feasibility study. Explain economic and schedule feasibility in brief.
Define feasibility study. Explain economic and schedule feasibility in brief. [5]
A feasibility study is an analysis that considers all of a project's relevant factors -- including economic, technical, legal, and scheduling considerations -- to ascertain the likelihood of completing the project successfully. Whether a project is feasible or not can depend on several factors, i...