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Feasibility Analysis Factors Explained

This document outlines factors to consider for a feasibility analysis assessment including technical, economic, and organizational feasibility. Technical feasibility considers the familiarity with the required application and technology and the project size and compatibility. Economic feasibility looks at development costs, annual operating costs, annual benefits, and intangible benefits and costs. Organizational feasibility examines strategic alignment, project champions, senior management support, and buy-in from users and stakeholders.

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Kevin Mhutsiwa
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69 views1 page

Feasibility Analysis Factors Explained

This document outlines factors to consider for a feasibility analysis assessment including technical, economic, and organizational feasibility. Technical feasibility considers the familiarity with the required application and technology and the project size and compatibility. Economic feasibility looks at development costs, annual operating costs, annual benefits, and intangible benefits and costs. Organizational feasibility examines strategic alignment, project champions, senior management support, and buy-in from users and stakeholders.

Uploaded by

Kevin Mhutsiwa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

Feasibility Analysis Assessment Factors

Technical Feasibility: Can We Build It?


• Familiarity with application: Less • Familiarity with technology: Less familiarity
familiarity generates more risk. generates more risk.
Consider:

• Project size: Large projects have • Compatibility: The harder it is to integrate


more risk. the system with the company’s existing
technology, the higher the risk will be.

Economic Feasibility: Should We Build It?


• Development costs • Annual operating costs
Factors

• Annual benefits (cost savings • Intangible benefits and costs


and/or increased revenues)

Organizational Feasibility: If We Build It, Will They Come


• Is the project strategically aligned • Project champion(s)?
Consider:

with the business?

• Senior management? • Users and other stakeholders?

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