Briefly identify and define the six major categories of feasibility
What will be an ideal response?
The six feasibility categories are economic, technical, operational, schedule, legal and contractual, and political. The specifics of a particular project will determine the emphasis placed on each of the feasibility criteria. Economic feasibility seeks to identify the financial benefits and costs associated with the project. Technical feasibility seeks to determine if the organization is capable of developing the new system. Operational feasibility examines the degree of likelihood that the candidate system will be able to solve the business problem or take advantage of opportunities. Schedule feasibility examines the likelihood that all potential time frame and completion date schedules can be met. Legal and contractual feasibility tries to assess the potential legal ramifications due to the construction of the new system. Determining stakeholder's views of the candidate system is the intent of political feasibility.
CL
You might also like to view...
The write-down of an asset will affect
a. neither total assets nor net income. b. net income, but not total assets. c. both total assets and net income. d. total assets, but not net income.
Communication networks are part of which organizational element?
A. socially constructed B. goal directed C. systems D. structured interaction
Which sentence uses idiomatic expressions appropriately?
A) ?The manager said that he planned on giving everyone a raise. B) ?Employees inferred from the manager's remarks that raises would be issued shortly. C) Employees inferred by the manager's remarks that raises would be issued shortly.
The common denominator for decisions on service processes is primarily customer contact
Indicate whether the statement is true or false