AI 1.3 Feasibility Study and Formulation of Alternative Courses of Action
Develop a feasibility study that examines the possibility of implementing the requirements. It should identify alternative courses of action for software, hardware, services and skills that meet established business functional and technical requirements, and evaluate the technological and economic feasibility (potential cost and benefit analysis) of each of the identified courses of action in the context of the IT-enabled investment program. There may be several iterations in developing the feasibility study, as the effect of factors such as changes to business processes, technology and skills are assessed. Business management, supported by the IT function, should assess the feasibility and alternative courses of action and make a recommendation to the business sponsor.
- NIST SP 800-66
- Control Exception
- User Defined
Risk Association Control Activities:
Insert a description of the process narration that is applicable to the existing control statement this narrative refers to.
Insert a process diagram, flowchart or other visual representation here to illustrate the process narrative.
Insert a description of the control that is applicable to the existing control statement this commentary refers to.
Control Exception Commentary
Insert a description of the control exception that is applicable to the existing control statement this commentary refers to.
Evidence Archive Location
Insert Evidence Description Here.
Control Status and Auditors Commentary
Describe the condition of the applicable control and its effectiveness. Set the color icon to a redlock.jpg, yellowlock.jpg or greenlock.jpg.
Insert remediation plan, applicability, or any information that indicates what needs to be done.
Insert guidance in this section if it helps to elaborate upon the subject matter. Examples of evidence that would help guide the end user is desirable.