Feasibility Study in Software Engineering | Types of Feasibility Study

Feasibility Study in Software Engineering is a study to evaluate feasibility of proposed project or system. As name suggests feasibility study is the feasibility analysis or it is a measure of the software product in terms of how much beneficial product development will be for the organization in a practical point of view. Feasibility study is carried out based on many purposes to analyze whether software product will be right in terms of development, implantation, contribution of project to the organization etc. 

Types of Feasibility Study: 

The feasibility study mainly concentrates on below five mentioned areas:

1. Technical Feasibility:

Technical feasibility inspects whether software can be built at all with available tools and experts. In Technical Feasibility current resources both hardware software along with required technology are analyzed/assessed to develop project. This technical feasibility study gives report whether there exists correct required resources and technologies which will be used for project development. Along with this, feasibility study also analyzes technical skills and capabilities of technical team, existing technology can be used or not, maintenance and up-gradation is easy or not for chosen technology etc. 

2. Economic Feasibility:

Economic feasibility examines the costs and financial benefits of the project. Under this feasibility study a detail analysis is carried out what will be cost of the project for development which includes all required cost for final development like hardware and software resource required, design and development cost and operational cost and so on. After that it is analyzed whether project will be beneficial in terms of finance for organization or not. 

3. Operational Feasibility:

Operational feasibility explores how a new project will impact daily processes in your company, what procedures should be implemented, and what efforts should be taken to maintain it. Say you’re going to launch a global e-commerce platform. Then, you need to have local warehouses, local service teams, and, in some cases, even local websites in each country. It’s very difficult to realize operationally and might make no sense at all though the initial idea looks commercially attractive and technically feasible.

4. Legal Feasibility: 

Legal feasibility makes sure that the product complies with all regulations and doesn’t break any law. In Legal Feasibility study project is analyzed in legality point of view. This includes analyzing barriers of legal implementation of project, data protection acts or social media laws, project certificate, license, copyright etc. Overall it can be said that Legal Feasibility Study is study to know if proposed project conform legal and ethical requirements. 

5. Schedule Feasibility:

In Schedule Feasibility Study mainly timelines/deadlines is analyzed for proposed project which includes how many times teams will take to complete final project which has a great impact on the organization as purpose of project may fail if it can’t be completed on time.