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Feasibility Study Characteristics

publish date: 2026/05/30 21:11:00 UTC

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A feasibility study should be:

Relatively cheap and quick

Carried out by an external consulting firm only

Performed after requirements specification is complete

Comprehensive and take several months

Relatively cheap and quick

A feasibility study should be relatively cheap and quick. It informs the go/no-go decision before investing in a full detailed analysis.

Software Engineering, Ian Sommerville, 9th edition