1) What is feasibility analysis? List and briefly discuss three kinds of feasibi

Question

1) What is feasibility analysis? List and briefly discuss three kinds of feasibility analysis.

2) How can you classify costs? Describe each cost classification and provide a typical example of each category.

3) What is JAD session? Describe the five major steps in conducting JAD sessions.

4) State what is meant by the functional and non-functional requirements. What are the primary types of nonfunctional requirements? Give two examples of each. What role do nonfunctional requirements play in the project overall?

Explanation / Answer

1.Feasibillity analysis is an analysis done by a company to check whether a project is feasible or not under a given conditions and circumstances.This analysis is very important and needs to performed before moving ahead with a project.The company will be able to save a lot of time , money and other resources , if they know that a project is not feasible and hence focus on a different project.

Three kinds of feasibility analysis are:

i.Economic Feasibility analysis:The analysis is done on whether a project is feasible or not given the current economic and financial condition of the company(Such as excess or lack of financial resources).

ii.Technical Feasibility analysis:In this analysis, given the current technical resources and knowledge, whether the company will successfully be able to undertake the project will be analysed.

iii.Time Feasibility analysis:The analysis is done on whether the company can successfully be able to complete its project before its deadline given its current time constraints.

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