Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assign the weights to each feasibility based on the importance of each feasibility related to the problem.. Think about 3 possible systems (solutions to the

Assign the weights to each feasibility based on the importance of each feasibility related to the problem..

Think about 3 possible systems (solutions to the problem).

Evaluate these systems using the feasibility matrix.

Feasibility Matrix
Criteria Weight Candidate System1 Candidate System2 Candidate System3
Operational Feasibility: An assessment of how well the solution meets the identified system requirements to solve the problems and take advantage of the opportunities envisioned for the system. 30%
Technical Feasibilty:An assessment of the practicality of the solution and the availability of technical resources and expertise to implement and maintain it. 30%
Economic Feasibility: An assessment of the cost-effectiveness of a project or solution 20%
Schedule Feasibility: An assessment of how long the solution will take to design and implement. 20%
Weighted Scores 100% 0.0%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management A Strategic Managerial Approach

Authors: Jack R. Meredith, Scott M. Shafer, Samuel J. Mantel Jr.

11th Edition

1119803837, 978-1119803836

More Books

Students also viewed these General Management questions

Question

What do you know of my (the interviewers) research program?

Answered: 1 week ago