What is the main goal of the feasibility analysis phase?

The main goal of the feasibility analysis phase is to determine the viability of the proposed system. This phase is crucial because it assesses whether the project should move forward based on a variety of factors including technical, economic, legal, operational, and schedule aspects. By analyzing these elements, stakeholders can evaluate if the system can be developed within the constraints of resources, time, and technology while also meeting user needs and organizational goals. Establishing feasibility at this stage minimizes the risk of project failure by ensuring that sufficient justification exists for proceeding with the project before investing significant time and money.

While other aspects, such as assessing project risks or documenting user requirements, are important in the overall project lifecycle, they are secondary to determining whether the project itself should be pursued based on its potential benefits and likelihood of success.