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What is the purpose of the Feasibility phase?

  1. Converge over time on an accurate solution that meets a business need

  2. Establish whether the project appears cost effective

  3. Establish how development and delivery of the solution will be managed

  4. Bring a baseline of the solution into operational use

The correct answer is: Establish whether the project appears cost effective

The purpose of the Feasibility phase is primarily to assess whether the proposed project is viable in terms of cost-effectiveness. This involves evaluating the potential benefits and costs associated with the project to determine if it is worth pursuing. In this phase, stakeholders analyze whether the resources needed for development, implementation, and ongoing maintenance align with the expected returns on investment. This assessment helps in making informed decisions about whether to move forward with the project, allowing organizations to avoid investing time and resources into projects that may not yield satisfactory results. While the other options touch on important aspects of project development and delivery, they do not specifically capture the primary aim of the Feasibility phase. For example, converging on an accurate solution is more relevant to the development phases when adjustments and refinements are made based on feedback and testing. Similarly, establishing how the solution will be managed relates to planning and execution stages rather than feasibility. Lastly, bringing a baseline of the solution into operational use pertains to the later stages of project implementation and delivery, which come after feasibility has been established.