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There is an array of techniques that may be used to conduct the feasibility study,
There is an array of techniques the Business Analyst uses to capture the current state of
the business. If the organization has an up-to-date Business Architecture, the task to
Document the current state will have been completed, and the Business Analyst needs
only to review and glean as much understanding as possible about the business from
the Business Architecture documentation. If this is not the case, documentation that is
developed during the current state assessment by the feasibility study team will serve as
a basis for the first iteration of the Business Architecture for the current state. Therefore,
most if not all of the techniques used to develop the Business Architecture are applicable
when assessing the current state, including:
During this step, the Business Analyst facilitates a creative session to identify as many
potential options as possible. Techniques include:
During this step, the Business Analyst involves all members of the study team.
Techniques that may be used include:
In Interviews
Business staff interviews to determine operational feasibility in the workplace
IT staff interviews to determine operational feasibility in the technical operating
environment
Finance staff and project manager interviews to estimate the cost of the
alternative solution to ensure economic feasibility.
Prototyping to build the highest risk component of a proposed solution to prove that
solution is technically feasible.
Pareto Diagram to be used as a presentation device to help assess the relative value
and cost of potential solutions
The Analytic Hierarchy Process (AHP) to help study teams make the best decision,
capturing both qualitative and quantitative aspects of the decision. The process is used
to reduce these complex decisions to a series of simple comparisons. Its power is that it
provides a clear rationale for the decision.
Decision Analysis is also used to help study teams make the best decision by
providing a statistical method to delineate the probabilities of various outcomes.
Decision Tables are a matrix representation which can be used to communicate the
logic of the decision for the recommended option.
Probability Analysis is also used to help study teams make the best decision by
providing a mathematical description of the likelihood of a specific event.