Question

An insurance firm that follows the systems development life cycle concept for all major information system projects is preparing to start a feasibility study for a proposed underwriting system. Some of the primary factors the feasibility study should include are:_______.

Answer 1

Answer:

The correct answer is Technology and related costs.

Explanation:

Feasibility refers to the availability of the resources necessary to carry out the stated objectives or goals. Generally the feasibility is determined on a project.

The feasibility study is one of the first stages of the development of a computer system.

The study includes the objectives, scope and restrictions on the system, in addition to a high-level logical model of the current system (if it exists). From this, alternative solutions are created for the new system, analyzing for each of these, different types of feasibility.