3. 4 main yardsticks to measure a proposal

4. Sometimes a feasibility
study is quite simple
and
can be done in a few
hours.

5. If the request involves a new
system or a major change,
however, extensive fact-finding
and investigation is
required.

6. “Therefore the
Effort
needed
to go into a
feasibility
study is
depending upon the
request.”

7. Systems Analyst
must Asks
Important Questions.

16. Operational feasibility means that a proposed
system will be used effectively after it has been
developed.
If users have difficulty with a new system, it will
not produce the expected benefits.

18. Technical feasibility refers to the technical
resources needed to develop, purchase, install,
or operate the system.

20. Economic feasibility means that the projected
benefits of the proposed system outweigh
the estimated costs usually considered the
Total Cost of Ownership (TCO),
which includes ongoing support and
maintenance costs, as well as acquisition costs.

22. Economic feasibility means that the projected
benefits of the proposed system outweigh
the estimated costs usually considered the
Total Cost of Ownership (TCO),
which includes on going support and
maintenance costs, as well as acquisition costs.

24. Schedule feasibility means that a project can be
implemented in an acceptable time frame.
When assessing schedule feasibility, a systems
analyst must consider the interaction between
time and costs.