Feasibility Analysis

Correct Answer: Prototype development and testing with end-users

Prototype development and testing with end-users is the most effective technique for assessing technical constraints and limitations in a feasibility analysis because: - It provides hands-on verification of technical capabilities - It reveals actual system limitations through practical implementation - It allows early identification of technical challenges - It enables direct feedback from users about technical functionality - It helps validate technical assumptions in a real-world context Why other options are inadequate: Market research and competitive analysis focuses on business viability rather than technical constraints. Financial calculations and ROI analysis evaluate economic feasibility but do not address technical limitations. Full system architecture planning is too comprehensive and resource-intensive for initial feasibility assessment, coming later in the project lifecycle.

Correct Answer: Return on Investment (ROI) over a 5-year period

Return on Investment (ROI) over a 5-year period is the most critical financial metric during feasibility analysis because: 1. It provides a comprehensive view of both costs and benefits 2. The 5-year timeframe is realistic for most software systems to demonstrate value 3. It helps stakeholders understand the long-term financial viability 4. It accounts for both initial investment and expected returns Other options are less suitable because: Total cost of ownership over a decade is too long a timeframe and focuses only on costs, not benefits. Initial development costs and first-year expenses are too short-term to evaluate long-term viability. Break-even analysis for three quarters is too short-term for software projects, which typically need longer to show returns and validate feasibility.

Correct Answer: Strategic Fit Assessment

Strategic Fit Assessment is the correct answer as it specifically measures how well a proposed solution aligns with an organization's strategic objectives and goals. In a Feasibility Analysis, while all factors are important, Strategic Fit Assessment is the primary tool used to evaluate strategic alignment. It helps determine if the solution supports the organization's vision, mission, and long-term objectives. The other options are important components of a Feasibility Analysis but serve different purposes: Technical Evaluation focuses on the technical viability and system requirements rather than strategic alignment. Cost-Benefit Analysis examines financial viability and return on investment, but does not primarily assess strategic alignment. Operational Impact Assessment focuses on day-to-day operations and resource requirements, rather than strategic goals alignment.