Feasibility Study
An analysis that assesses the practicality and potential success of a proposed project or system.
47 topics found for
“accurate assessment”
Planning Fallacy
A cognitive bias where individuals underestimate the time, costs, and risks of future actions while overestimating the benefits.
Subadditivity Effect
A cognitive bias where the total probability assigned to a set of events is less than the sum of the probabilities assigned to each event individually.
Pseudocertainty Effect
A cognitive bias where people perceive an outcome as certain while it is actually uncertain, based on how information is presented.
Stakeholder Analysis
The process of identifying and assessing the influence and interest of various stakeholders in a project, to prioritize engagement and communication strategies.
Cost-Benefit
An analysis comparing the costs and benefits of a decision or project to determine its feasibility and value.
Requirements Gathering
The process of collecting and documenting the needs and expectations of stakeholders for a new or modified product or system.
Design Validation
The process of testing and evaluating a design to ensure it meets user needs and business goals before final implementation.
Customer Validation
The process of testing product ideas and assumptions with real customers to ensure they meet market needs.