Feasibility Study
Feasibility is defined as the practical extent to which a project can be performed successfully. To evaluate the feasibility of the project feasibility study is performed. A feasibility study should be comparatively economical and fast. Estimation is made of whether the recognized user requirements may be satisfied using existing software and hardware technology. The result should notify the verdict of whether or not to go forward with an added comprehensive analysis.
It is important to find out the strengths and weaknesses...