Briefly explain these areas of feasibility study.

CPA-Quantitative-Analysis-Section-4 BLOCK RELEASE

 Areas of feasibility study
Technical feasibility. Can the system be constructed using available hardware and software. Consider transaction volumes, file capacities, response times and concurrent users.
Operational feasibility. That the system does not interfere with how the organisation does its business. Consider management responsibilities, chains of command, reporting structures and levels of re organisation required.
Social feasibility. System does not result in a net decline in the interests of stakeholders. Consider personnel policies, job specifications, industrial relations, skill requirements and motivation.
 Economical feasibility. The proposed benefits of the system exceed its estimated costs. Is the project a good investment?

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