What Is a Schedule Feasibility Study

question 5

Multiple Choice

What is a schedule feasibility study?

• A) Identifies the financial benefits and costs associated with the systems development project
• B) Determines the organization's ability to build and integrate the proposed system
• C) Assesses the likelihood that all potential time frames and completion dates will be met
• D) Examines all potential legal and contractual ramifications of the proposed system

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Definitions:

Availability Heuristic

A quick mental leap utilizing examples that spontaneously arise in an individual's thoughts during the evaluation of a specific subject, concept, technique, or decision-making process.

Confirmation Bias

The predisposition to explore, decode, favor, and reminisce facts in a fashion that corroborates one's preconceived notions or speculations.

Certain Outcome

An outcome that is guaranteed or known to happen without any doubt.

Risky Outcome

A potential result of an action or decision that involves uncertainty and the possibility of negative consequences.