|
FIn
applying feasibility analysis methods to actual program
decisions, several limitations of the analysis methodology
are encountered.
There is a reluctance to use feasibility
analyses when criteria are not conducive to
objective evaluations. Parameters such as political
saleability of various alternatives, are not always seen
as amenable to a numerical performance measurement scheme.
Although the use of the feasibility analysis in these
situations is not as straightforward, the feasibility
analysis can replace the decision maker's intuitive
balancing of these factors with an explicit methodology.
The limitations of the feasibility analysis process arise
from three sources:
1) the validity of the results is limited by the quality
of data
and evaluators,
2) the selection of criteria, weighting schemes, and
utility
curves
can bias the analysis, and
3) the number of alternatives that can be evaluated is
limited
by the
analysis burden.
FEASIBILITY
STUDY REPORTS
|
|
