In system analysis, what is the main purpose of conducting a feasibility study?

The main purpose of conducting a feasibility study in system analysis is to assess the practicality and viability of a proposed project or system. This involves examining various aspects such as technical feasibility, economic viability, operational feasibility, and legal considerations. By evaluating these factors, stakeholders can determine whether the project can be successfully implemented and if it is worth the investment of time and resources.

A feasibility study serves as a critical decision-making tool, providing insights into the potential challenges and benefits of the proposed system. It helps identify risks, costs, timelines, and requirements, allowing organizations to make informed choices about pursuing the project further. This foundational assessment is essential for guiding the subsequent phases of system development and ensuring that the project aligns with organizational goals and resources.