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How Might Goals be Measured for Feasibility

Feasibility should be measured throughout the life cycle of a project. The scope and complexity of an apparently feasible project can change after the initial problems and opportunities are fully analyzed or after the system has been designed. A project that is feasible at one point in time may become infeasible at a later point in time (Reilly, 1996).
The goals can be measured by asking the following questions pertaining to the operational feasibility of the primary goals such as;

- Performance. Does the integrated system provide adequate throughput and response time?

- Information. Does the system provide end-users and managers with timely, pertinent, accurate, and usefully formatted information?

- Economy. Does the system offer adequate service level and capacity to reduce the costs of the business or increase the profits of the business?

- Control. Does the system offer adequate controls to protect against fraud and embezzlement and to guarantee the accuracy and security of data and information?

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M9732956

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