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Feasibility studies are a great way to assess the organizational impact of different project options. Use this tool to perform a cost/benefit analysis and to calculate the project's ROI.
Typically, enterprises considering IT projects that carry significant business risk undertake a feasibility study as part of their evaluation process for assessing project viability.
Performing a feasibility study is not a requirement for every business-critical project. It is, however, a valuable tool for projects exceeding $100,000 or 15 percent of IT capital budgets. A carefully crafted feasibility study also helps IT leaders assess alternative solutions or approaches that may exist.
An essential part of all feasibility studies is a cost/benefit analysis of the project. This cost/benefit analysis tool provides users with the ability to:
This tool is a valuable asset for staff or enterprises that are performing feasibility studies or need a tool to calculate the NPV, IRR, Payback Period and ROI.
The attached Zip file includes:
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