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Why is technical feasibility important?

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∙ 13y ago

Updated: 10/16/2024

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Downloadable document on feasibility study on insurance company?

you have to study thefollowing 1- economic feasibility 2- technical feasibility 3-financial feasibility 4-marketingb feasibility

Project feasibility format?

you can do feasibility analysis by evaluating the following parameter; market,financial,technical and legal.

What is technical aspect in feasibility study?

The technical aspect of a feasibility study includes examining the process or making a model to see if it is doable. A model can be created using a simulation.

Explain technical feasibility?

A technical feasibility can be created one of two distinctly differing ways; 1) Out of 'whole cloth', i.e. to imagine what has never existed before 2) To overcome what has been heretofore prevented. To deduce a way to overcome obstacles which have been previously creating the unfeasiblity

Why feasibility study important?

Because, if you do not conduct a proper feasibility study before taking up a new project you wont even know if the project is feasible and can be completed. Taking up such a project is asking for failure to happen.

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Related Questions

What are the 5 aspects of feasibility study?

technical feasibility financial feasibility delivery wise feasibility these three i know

Areas of Feasibility in knowledge management system?

economic feasibility, technical feasibilty, behavioral feasibility

What considerations are involved in feasibility study in system analysis and design which consideration do you think most crucial and why?

There are three considerations in feasibility analysis :- 1). Economic Feasibility 2). Technical Feasibility 3). Behavioral Feasibility And I think that behavioral feasibility is most important because the introduction of new candidate system requires a special effort to educate, sell, and train the staff on new ways of conducting business.

Downloadable document on feasibility study on insurance company?

you have to study thefollowing 1- economic feasibility 2- technical feasibility 3-financial feasibility 4-marketingb feasibility

Project feasibility format?

you can do feasibility analysis by evaluating the following parameter; market,financial,technical and legal.

What is technical aspect in feasibility study?

The technical aspect of a feasibility study includes examining the process or making a model to see if it is doable. A model can be created using a simulation.

What is technical feasibility?

TECHNICAL FEASIBILITYA large part of determining resources has to do with assessing technical feasibility. It considers the technical requirements of the proposed project. The technical requirements are then compared to the technical capability of the organization. The systems project is considered technically feasible if the internal technical capability is sufficient to support the project requirements.The analyst must find out whether current technical resources can be upgraded or added to in a manner that fulfills the request under consideration. This is where the expertise of system analysts is beneficial, since using their own experience and their contact with vendors they will be able to answer the question of technical feasibility.

What is technical study of feasibility?

Technical feasibility involves hardware and software together. You have to identify that if you want to give Ipad 2 for every student in the whole school, you have to ask questions like are they reliable?, can they connect to the Internet?

What are the content of the feasibility study?

The feasibility study contents are: market analysis and the scope of the project; social and environment feasibility; technical feasibility; risk studies; preliminary cost assessment; the financial analysis; economic feasibility and project implementation outline. These help in the process of decision making of the proposed project.

Why is feasibility study important for system design?

Why is feasibility study important for system design?Read more: Why_is_feasibility_study_important_for_system_design

What do you mean by technical feasibility?

'Technological Feasibility' is established upon completion of a detailed program design or a working model [in regards to setting standards for software accounting]. This is important in regards to how to treat costs incurred with production of software products... before ['Technological Feasibility'] is established, costs are a 'Research + Development' expense. Once 'Technological Feasibility' established costs are capitalized and amortized to the current and future periods.

Is there any feasibility study on Microsoft access?

yes. operational,economical,and technical study

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