Q.1 Write short notes on : Commercial and economic feasibility Technical feasibility
Ans : Commercial and economic feasibility :
The purpose of the economic feasibility assessment is to determine the positive economic benefits to the organization that the proposed system will provide. It includes quantification and identification of all the benefits expected. This assessment typically involves a cost/ benefits analysis. Economic analysis could also be referred to
Technical feasibility :
The technical feasibility assessment is focused on gaining an understanding of the present technical resources of the organization and their applicability to the expected needs of the proposed system. It is an evaluation of the hardware and software and how it meets the need of the proposed system. A large part of determining
