ABSTRACT
A feasibility study is a compressed, capsule version the analysis phase of the system development life cycle aimed at determining quickly and at a reasonable cost if the problem can be solved and if it is worth solving. In many organizations, the feasibility study reports for all pending projects are submitted to a steering committee where some are rejected and others accepted and prioritized. The feasibility study begins with the problem description prepared early in the problem definition phase of the system development life cycle. The feasibility study is, in essence, a preliminary version of the analysis phase of the system development life cycle. Problem definition is often followed by a feasibility study, a capsule version of the analysis phase of the system development life cycle aimed at determining quickly and at a reasonable cost if the problem can be solved and if it is worth solving.
