January 17, 2005
Assessing Project Feasibility
Feasibility analysis determines the likelihood of project success. It requires that all elements impacted by the proposed solution be studied.
To perform a feasibility analysis, a couple of guidelines to follow are:
- Make sure that you have addressed any regulatory constraints by researching industry or government regulations that apply. Examples are Federal Regs, OSHA, FCC, Dept or Transportation, and Dept of Labor
- Pay special attention to cultural achievability of the proposed change. One idea is to ask the stakeholders if the organizational changes required for the project are realistic
- Remember to use Subject Matter Experts, SME, when needed in order to ensure that all systems impacted by the project are catalogued
- Take a careful look at the stability of the technology. Ask yourself whether or not the identified technical requirement are based upon technology that is operationally stable, available, and affordable.
Posted by Elyse at January 17, 2005 4:18 PM
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