Types of Feasibility (TELOS)
Five questions — technical, economic, legal, operational and schedule — decide whether a project deserves to begin.
What this unit covers
Unit 5: Feasibility Studies in Systems Analysis
- 1 Definition and Purpose of a Feasibility StudyLook before you leap — a few weeks of honest questions can save the whole budget of a doomed project. · 3 min
- 2 Types of Feasibility (TELOS)Five questions — technical, economic, legal, operational and schedule — decide whether a project deserves to begin. · 8 min
- 3 Cost–Benefit Analysis: Payback Period and Return on InvestmentReturn on investment and payback period turn a vague hunch into a number decision-makers can trust. · 7 min
- 4 The Feasibility ReportEverything you discovered comes down to one report, with a clear recommendation right up front. · 3 min