Chapter 4

Using Feasibility Studies to Determine theMost Valuable Business Solution

In This Chapter:

  • Defining the Feasibility Study

  • Why Conduct a Feasibility Study?

  • Conducting a Feasibility Study

  • Challenges

  • Best Practices

Organizations work hard to stay informed, analyze the most current information, and transform their businesses to keep pace with the rapidly changing competitive landscape. Business success depends on the ability to continually update and reinvent organizational thinking, analyze the current organizational state, and plan for the future. These challenges require innovative thought and a structured and deliberate business analysis process.

Strategic planning and the creation of a to-be business architecture provide a firm foundation ...

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