Feasibility Study in Software Engineering is a study to evaluate feasibility of proposed project or system. Feasibility study is one of stage among important four stages of Software Project Management Process. As name suggests feasibility study is the feasibility analysis or it is a measure of the software product in terms of how much beneficial product development will be for the organization in a practical point of view. Feasibility study is carried out based on many purposes to analyze whether software product will be right in terms of development, implantation, contribution of project to the organization etc.
Types of Feasibility Study : The feasibility study mainly concentrates on below five mentioned areas. Among these Economic Feasibility Study is most important part of the feasibility analysis and Legal Feasibility Study is less considered feasibility analysis. This technical feasibility study gives report whether there exists correct required resources and technologies which will be used for project development. Along with this, feasibility study also analyzes technical skills and capabilities of technical team, existing technology can be used or not, maintenance and up-gradation is easy or not for chosen technology etc.
Operational Feasibility — In Operational Feasibility degree of providing service to requirements is analyzed along with how much easy product will be to operate and maintenance after deployment. Here is some of their feedback:. Feastudy has proven to be easy-to-use and flexible. It provides quick solutions with a high level of comfort. While we can produce spreadsheet models from first principles, they are time consuming and one always has a fear that one formula may be wrong or a cell reference missed!
Feastudy is a great product and very good value for money. Feastudy has provided fast and accurate analyses that have been ideal for financiers and investors. This has greatly extended their ability to model more complex developments and more sophisticated funding arrangements, saving time and improving accuracy.
Tim Havard brings over 25 years of industry and software experience to guide students and practitioners through the theory of development appraisals and feasibility studies before providing internationally applicable worked examples and potential pitfalls using Excel, Argus Developer and Estates Master DF. Tools available to the practitioner — Excel and other spread sheet models and the main proprietary models ; Argus Developer and Estate Master DF.
Altus Group is a leading provider of software, data solutions and technology-enabled expert services to the global commercial real estate industry. A trusted partner to the commercial real estate industry for more than 30 years, we provide end-to-end commercial real estate solutions empowering our clients to gain insights, manage risk and drive investment performance. Years developing CRE software.
All Rights Reserved. Built for the property development industry, ARGUS EstateMaster 'Development Feasibility' allows you to forecast the feasibility of a project using a discounted cash flow analysis.
Easily appraise property development opportunities, calculate residual land values, run sensitivity analysis, and determine the highest and best use of a site. ARGUS EstateMaster provides you with an industry-recognised framework using a familiar spreadsheet interface to build your feasibility.
Using one input sheet, you can enter all your revenue and cost information such as land purchase price, professional costs, construction costs, sales revenue and much more. Identify the best development opportunities by forecasting the financial viability and risk profile of your next project.
Our clients include. Download the sample report pack to view more than industry-standard reports including a financial summary of project returns, project cash flow, forecast variation, profit and loss statements and many more. Summary of project returns.
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