Types of Feasibilities :

Economic Feasibility :

• It is evaluating the effectiveness of candidate system by using cost/benefit analysis method.
• It demonstrates the net benefit from the candidate system in terms of benefits and costs to the ORGANIZATION.
• The main aim of Economic Feasibility Analysis (EFS) is to estimate the economic requirements of candidate system before investments funds are committed to proposal.
• It prefers the alternative which will maximize the net worth of organization by earliest and highest return of funds along with lowest level of risk involved in developing the candidate system.

Technical Feasibility

• It investigates the technical feasibility of each implementation alternative.
• It analyzes and determines whether the solution can be supported by existing technology or not.
• The ANALYST determines whether current technical resources be upgraded or added it that fulfill the new requirements.
• It ensures that the candidate system provides appropriate responses to what extent it can SUPPORT the technical enhancement.

Operational Feasibility :

• It determines whether the system is operating effectively once it is developed and implemented.
• It ensures that the management should support the proposed system and its WORKING feasible in the current organizational environment.
• It analyzes whether the users will be affected and they accept the modified or new business methods that affect the possible system benefits.
• It also ensures that the computer resources and network architecture of candidate system are workable.

Behavioral Feasibility :

• It EVALUATES and estimates the user attitude or behavior towards the development of new system.
• It helps in determining if the system requires special effort to educate, retrain, transfer, and changes in employee’s job status on new ways of conducting business.

Schedule Feasibility :

• It ensures that the project should be completed within given time constraint or schedule.
• It also verifies and validates whether the deadlines of project are reasonable or not.

Types of Feasibilities :

Economic Feasibility :

Technical Feasibility

Operational Feasibility :

Behavioral Feasibility :

Schedule Feasibility :