Explain Types of Feasibility Study

Technical feasibility

  • In technical feasibility analysis, alternatives for hardware, software and general design approach are determined to be available, appropriate, and functional

Operational feasibility

  • Operational feasibility study tests the operational scope of the software to be developed. The proposed software must have high operational feasibility.  The usability will be high.
  • Operational feasibility is dependent on human resources available for the project and involves projecting whether the system will be used if it is developed and implemented
  • 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

Economic feasibility

  • The economic feasibility study evaluate the cost of the software development against the ultimate income or benefits gets from the developed system
  • There must be scopes for profit after the successful Completion of the project

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