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Feasibility is usually analyzed under five major categories:
It basically analyzes the technology and expertise required to build this system.
It considers the Programming languages, Infrastructure, Tools, Skilled developers, Integration complexity etc whlle checking the Technical Feasibility
It basically analyzes the project financially viable or not?.
It also called Cost-Benefit Analysis
It includes the Development cost, Maintenance cost, Infrastructure cost, Expected revenue, ROI (Return on Investment) etc.
ROI = (Benefits - Cost) / Cost
If cost > benefit → Not feasible.
It basically analyzes, will the organization and users accept and use the system?
It checks User readiness, Organizational culture, Training needs, Workflow impact etc.
It basically analyzes, does the system comply with laws and regulations?
It checks Data privacy laws, Licensing issues, industry regulations, Contractual obligations etc.
It basically analyzes, can the project be completed within the required timeframe?
It considers Deadlines, Resource availability, Team size, Project complexity etc.