Holly is the business analyst for her organization. Management has asked Holly to create a document that will define solution alternatives and how each identified solution may provide an expected business benefit to meet the identified business need. Management has asked Holly to provide data and statistics in this document to support her claims and findings.
What type of document is management asking Holly to create?
The document Holly is being asked to create must define solution alternatives and evaluate how each solution may provide expected business benefits to meet the identified business need. This type of evaluation, which includes providing data and statistics to support claims and findings, is characteristic of a feasibility study. A feasibility study assesses proposed alternatives to determine their viability within the constraints of the organization and their potential to deliver the desired benefits.
v3 glossary: feasibility study: An evaluation of proposed alternatives to determine if they are technically, organizationally, and economically possible within the constraints of the enterprise, and whether they will deliver the desired benefits to the enterprise.