what is technical feasibility quizlet
technical feasibility. feasibility that measures the practicality of a technical solution and the availability of technical resources and expertise.
What is the meaning of technical feasibility?
Definition: The process of proving that the concept is technically possible. Objective: The objective of the technical feasibility step is to confirm that the product will perform and to verify that there are no production barriers.
What is technical feasibility of the project?
A technical feasibility study assesses the details of how you intend to deliver a product or service to customers. Think materials, labor, transportation, where your business will be located, and the technology that will be necessary to bring all this together.
What is technical feasibility and why is it important?
Technical Feasibility It helps organizations determine whether the technical resources meet capacity and whether the technical team is capable of converting the ideas into working systems.
What is technological feasibility analysis?
Technology Feasibility and Cost Analysis is performed to determine the potential economic viability of a process or technology, and helps to identify which technologies have the greatest likelihood of economic success.
What is a technical feasibility?
Technical feasibility evaluates the technical complexity of the expert system and often involves determining whether the expert system can be implemented with state-of-the-art techniques and tools. … It must also be easily integrated with existing computer-based systems.
What is operational feasibility MIS?
Operational Feasibility. Measures how well a solution meets the identified system requirements to solve the problems and take advantage of opportunities.
What is operational feasibility example?
A system is operationally feasible when it can reduce the cost of developing the system without undermining its quality or product. For instance, if you can increase workers' efficiency in a new company by reducing the working without damaging the product quality, such operation is feasible.
What is economic feasibility quizlet?
Economic Feasibility. a process of identifying the financial benefits and costs associated with a development project. Intangible Benefit. a benefit derived from the creation of an information system that cannot be easily measured in dollars or with certainty.
Which of the following are types of feasibility analysis quizlet?
The different type of feasibility studies are: Economic Feasibility Study, Operational Feasibility Study, Technical Feasibility Study, Schedule Feasibility Study and Legal and Contractual Feasibility Study. Identifies the financial benefits and costs associated with the systems development project.
What is operational feasibility MIS quizlet?
Operational feasibility is a 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.
What is the economic feasibility?
Definition: The economic feasibility step of business development is that period during which a break-even financial model of the business venture is developed based on all costs associated with taking the product from idea to market and achieving sales sufficient to satisfy debt or investment requirements.
What is economic feasibility quizlet MIS?
economic feasibility. feasibility that measures the cost-effectiveness of a project. operational feasibility. feasibility that measures how well a solution meets the identified system requirements to solve the problems and take advantage of opportunities.
What is operational feasibility quizlet?
Operational feasibility is a 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.
What is economic feasibility software engineering?
Economic Feasibility – Means under this feasibility study a detail analysis is carried out what will be cost of the project for development which includes all required cost for final development like hardware and software resource required, design and development cost and operational cost and so on.
What is economic feasibility quizlet?
Economic Feasibility. a process of identifying the financial benefits and costs associated with a development project. Intangible Benefit. a benefit derived from the creation of an information system that cannot be easily measured in dollars or with certainty.
What is a feasibility study simple definition?
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.
What are the main purposes of a feasibility study quizlet?
The purpose of the economic feasibility assessment is to determine the positive economic benefits to the organisation that the proposed system will provide. It includes quantification and identification of all the benefits expected. This assessment typically involves a cost/ benefits analysis.
What is a feasibility research study?
Feasibility studies are used to determine whether an intervention is appropriate for further testing; in other words, they enable researchers to assess whether or not the ideas and findings can be shaped to be relevant and sustainable.
What issues are considered in the feasibility study quizlet?
Start studying SPMT 422 Ch 11 Feasibility Studies. … What is the purpose of a feasibility study? … Questions to ask when building a facility.
What is a feasibility study quizlet?
What is a feasibility study? A decision making process based on a cost / benefit analysis of the actual project or business viability. It is a controlled process, an analytical tool based on quantitative research to assist qualitative decision making. It is heavily dependent on market research and analysis.
If you still have questions like the ones below, please contact us for answers:
what is political feasibility quizlet
what is operational feasibility quizlet
what are project deliverables quizlet
what is a project milestone quizlet
what is the analysis phase in the sdlc? quizlet
what is the purpose of a feasibility study quizlet
what is a status report quizlet
what are the main purposes of a feasibility study?
