Feasibility study

Ppt on feasibility study

1. FEASIBILITY STUDY

2. INTRODUCTION:- The main objective of feasibility study is to test the technical, economic, and social feasibility of developing a system. This is done by investigating the existing system in the area under investigation and generating ideas about a new system.

3. What is Feasibility Study? Feasibility study is the initial design stage of any project, which brings together the elements of knowledge that indicate if a project is possible or not.

4. OBJECTIVES OF FEASIBILITY STUDY? To identify the responsible user. To identify the problem in the current system. To acquire a sense of scope of the system. To determine goal of the proposed system.

5. TYPES OF FEASIBILITY STUDY:- Technical Feasibility Economic Feasibility Operational Feasibility

6. Technical Feasibility:- Technical feasibility analysis determines whether the proposed system can be developed and implemented using existing technologies or whether new technologies are required. Hardware, software and network requirements for the new system are also determined in this phone.

7. Economic Feasibility:- Economic feasibility analysis evaluates the financial aspects of the projects by performing a cost benefit analysis and assessing both the tangible and the intangible benefits of the system.

8. Operational Feasibility:- Operational feasibility is the measure of how well a proposed system solves the problems, and takes advantage of the opportunities identified during scope definition and how it satisfies the requirements identified in the requirements analysis phase of system development.