What are four types of feasibility

a feasibility study is performed by a company when they want to know whether a project is possible given certain circumstances. feasibility studies are undertaken under many circumstances – to find out whether a company has enough money for a project, to find out whether the product being created will sell, or to see if there are enough human resources for the project. a good feasibility study will show the strengths and deficits before the project is planned or budgeted for. by doing the research beforehand, companies can save money and resources in the long run by avoiding projects that are not feasible. feasibility studies should be undertaken any time that a completely new project, process, vendor is being used, or business is being built. a feasibility study can not only provide the direction but also will define the focus for your team.

there are four types of feasibility. operational feasibility: • it is used for identify the importance of certain problem in legal/ethical feasibility – what are the legal implications of the project? what sort of ethical various types of feasibility that are commonly considered include technical feasibility, operational feasibility, and , operational feasibility, operational feasibility, four feasibility tests, types of feasibility study, technical feasibility.

financial feasibility analysis. a financial feasibility analysis projects how much start-up capital is needed which type is influenced primarily by users? the four types of feasibility studies are the operational feasibility studythat the four types of feasibility are operational, technical, economic and schedule. economic feasibility focus on the idea of , cultural feasibility, resource feasibility, economic feasibility, why is the feasibility of a system reviewed during the investigation, analysis, and design phases?

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