P3 Explain the purpose of a feasibility report 1 Definition Guides the

P3 explain the purpose of a feasibility report 1

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P3 Explain the purpose of a feasibility report.
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21 Economic Feasibility: - Development costs. - Annual operating costs. - Annual benefits (cost savings and/or increased revenues). - Intangible benefits and costs.
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22 Organizational Feasibility: - Organizational feasibility analysis: It refers to determining whether a proposed business has required management expertise, organizational competence, and resources for successfully launching its business. Schedule Feasibility: - Whether the project can be completed within the given timeframe or not. Technical Feasibility: - Can the problem be solved with the present computer system and the resource is available.
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