Feasibility Study in Software Engineering

Posted On February 15, 2025February 15, 2025

Feasibility Study in Software Engineering:

The feasibility study is basically the test of the proposed system in the light of its workability, meeting user’s requirements, effective use of resources and cost effectiveness.

A feasibility study in software engineering is a critical step in the software development process. Its main purpose is to determine whether a proposed software project is viable, practical, and worth pursuing. This involves evaluating various factors, including technical, economic, legal, operational, and scheduling aspects. Conducting a feasibility study helps stakeholders make informed decisions and minimizes risks associated with the project.

The main goal of feasibility study is not to solve the problem but to achieve the scope.

In the process of feasibility study, the cost and benefits are estimated with greater accuracy.

Types of Feasibility Study:

1. Technical Feasibility Study:

In this study, whether software is technically feasible is analysed by seeking alternatives for hardware, software and general technical design approach to be available, appropriate and functional.

This aspect assesses whether the technology needed for the project is available and capable of meeting the project requirements.

The technical feasibility study assesses the details of how you will deliver a product or service i.e., material, labor, transportation.

• Evaluating Technology Needs: Identifying the hardware and software required for the project.
• Assessing Expertise: Determining whether the team has the necessary skills and experience.
• Identifying Technical Risks: Understanding potential issues like system integration challenges or technology constraints.

2. Economic Feasibility Study:

In this study, Cost-benefit analysis estimates of each project component provide the basis for determining which projects are most worthy of consideration.

It involves the cost incurred on software development team, estimated cost of hardware and software, cost of performing feasibility study and so on.

• Cost Analysis: Estimating all costs involved, including development, implementation, and maintenance.
• Benefit Analysis: Identifying potential financial benefits, such as increased revenue or cost savings.
• Return on Investment (ROI): Calculating the project’s profitability to ensure it justifies the investment.

3. Legal Feasibility:

Deals with analysing whether the proposed system is legally feasible with respect to law, copyright acts, licences etc.

• Compliance with Regulations: Ensuring the project meets local, national, and international laws.
• Intellectual Property Concerns: Addressing potential issues related to patents, copyrights, or trademarks.
• Contractual Obligations: Understanding any existing agreements that may affect the project.

4. Operational Feasibility Study:

Operational feasibility examines whether the project aligns with the organization’s operational capabilities and goals.

This study is a measure of how people are able to work with the system. This feasibility demands if the system will work when developed and installed.

• Workflow Integration: Ensuring the new system fits seamlessly into existing processes.
• User Impact: Assessing how the project will affect end-users and whether they will accept it.
• Organizational Support: Evaluating management and staff buy-in to ensure the project’s success.

5. Behavior Feasibility Study:

People are generally resistant to change. Therefore, it is necessary evaluation should be made about the user attitude towards the new system. This is called behavioral feasibility study.

Steps in Conducting a Feasibility Study:

1. Define the Scope:

Clearly outline the project’s objectives, deliverables, and boundaries. This helps prevent scope creep and ensures all stakeholders have a shared understanding of the project.

2. Conduct a Preliminary Analysis:

Before diving deep, perform a quick assessment to determine if the project seems feasible on the surface. This can save time and resources if it becomes clear that the project is not viable.

3. Gather Detailed Information:

Collect comprehensive data on all aspects of the project, including technical requirements, financial projections, legal obligations, and operational needs. This helps in making informed assessments.

4. Analyze the Data:

Evaluate the gathered information against each type of feasibility. Identify potential challenges and develop strategies to address them.

5. Make a Decision:

Based on the analysis, recommend whether to proceed with the project, modify it, or abandon it. Provide a detailed report to justify the decision.

Benefits of a Feasibility Study:

• Helps avoid costly mistakes before full-scale development.
• Provides a clear understanding of project risks and constraints.
• Ensures efficient use of resources and investment.
• Increases the likelihood of project success.

Importance of a Feasibility Study:

• Conducting a feasibility study is crucial for several reasons
• Risk Reduction: Identifies potential risks and provides ways to mitigate them.
• Resource Allocation: Ensures that resources are used efficiently and effectively.
• Informed Decision-Making: Provides stakeholders with essential information to make well-informed decisions.
• Improved Planning: Helps in creating a detailed project plan with realistic timelines and expectations.