The assessment of the costs and benefits associated with the proposed IT system is referred to as:
A)Operational Feasibility
B)Economic Feasibility
C)Schedule Feasibility
D)Technical Feasibility

Question

Quizplus · Accepted Answer

Economic feasibility assesses whether the benefits of the proposed IT system outweigh its costs. This includes factors such as return on investment, cost savings, and increased revenue. Operational feasibility considers whether the proposed IT system aligns with the organization's objectives, while schedule feasibility assesses whether the IT system can be completed within the required timeframe. Technical feasibility considers whether the proposed IT system can be implemented using the necessary technology and expertise. However, in the context of assessing costs and benefits, economic feasibility is the most relevant choice.

The Assessment of the Costs and Benefits Associated with the Proposed