1. Project Feasibility
CIS 255

2. Types of Feasibility Economic Operational Technical Schedule
Legal and contractual
Political

3. Economic
Identify the benefits and the costs associated with the development of the plan

4. Benefits and Costs Cost reduction Error Reduction
Increased Flexibiltiy
Speed
Improved planning and control
New markets and opportunities
System development
New hardware and software
Training
Data or system conversion

5. Tangible/Intangible
Tangible benefits or costs are ones that can be measured in dollars
Intangible benefits or costs are those that cannot be directly measured in dollars

6. Operational Feasibilty
The process of examining the likelihood that the project will achieve its desired goals.

7. Technical Feasibility
Examines the company’s abiltiy to construct the proposed system
Includes assessment of potential hardware and software needs

8. Schedule Feasibility
Examines whether a given project can be done in a time frame that meets the needs of the organization

9. Legal and Contractual
Study of any Legal or contractual issues related to the project
Labor relations and regulations
Safety regulation
Copyright or patent laws
Antitrust laws

10. Political Feasibility
The attitudes and position of stakeholders regarding the project.