What is the significance of feasibility study in System Development Life Cycle? List out various types of feasibility study.

A Management Information System ICT Revision Questions and Answers

Operational Feasibility:
The operational feasibility of system development is all about ascertaining the views of workers, employees, customers and suppliers about the use of Information Technology. The operational feasibility will determine the support from management and users. It will check whether new system will cause any difficulties or harm to any functioning unit of the organization.
Technical Feasibility:
Technical feasibility is about the evaluation of hardware and software viability for the system. The system analyst will ascertain whether the proposed system runs on the existing technical infrastructure or not. It will also give idea what upgrade or change need to be done on the existing Information Technology to meet the requirement of the system.
Economical Feasibility:
The economical feasibility will evaluate the cost of the project during its development and operational phase. It will determine what will be the increment in the cost and what benefit it will provide after its implementation. The financial and economic questions raised analysis during preliminary investigation are for the purpose of estimating may be: cost of conducting a full system investigation, cost of hardware and software and benefit.
Human Resource Feasibility:
Human Resource Feasibility analyses the sufficiency, skill level and efficiency of existing and future (if any) human resource to carry out the system development and other tasks related to the life cycle. Lack of proper skilled and sufficient number of personnel can greatly affect the timely implementation of the project over static makes the system less feasible financially. So, proper HR feasibility is needed.

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