How is feasibility measured in an information system?

Feasibility in an information system is primarily measured by the evaluation of both tangible and intangible benefits that the system is expected to provide. Tangible benefits are those that can be easily quantified, such as increased revenue, cost savings, or improved efficiency. Intangible benefits, on the other hand, are less quantifiable but equally important, including improved customer satisfaction, enhanced reputation, or better employee morale.

Assessing feasibility through these benefits allows organizations to understand the broader impact the information system will have on the organization and stakeholders. It enables decision-makers to evaluate whether the proposed solution aligns with strategic goals and whether the overall advantages outweigh the costs and risks involved.

Considering other aspects like financial outcomes, team performance, or technology used is part of the overall assessment of a project but does not encapsulate the holistic measure of feasibility that the benefits aspect provides. Thus, focusing on both tangible and intangible benefits offers a comprehensive approach to determining feasibility in an information system context.