Britannica AI Icon

feasibility study

information science

Quick Summary

A feasibility study is a crucial initial step in developing an information system. It determines if a proposed system is achievable and beneficial for an organization. This involves assessing long-term plans, strategic goals, and conducting a cost-benefit analysis to ascertain the system's viability and practicality. The study helps answer whether the system is desirable and worth pursuing before significant resources are committed to its development.123

Summary created from Britannica articles using AI. AI can make mistakes, so verify using Britannica articles.

Ask Britannica AI about this topic

Britannica doesn't have a full article on this topic, so we've curated a list of our relevant coverage.