The process of assessing a project's feasibility occurs during the component design phase of the systems development life cycle (sdlc).The given statement is false.
Studying a project's numerous components to see if it has the potential to succeed involves project feasibility. A business can assess a project's viability before it starts in order to spot potential problems, come up with solutions, and eventually draw in investors.
An unbiased evaluation of a proposed project's technical, economic, financial, legal, and environmental issues is what a project feasibility study seeks to accomplish. Decision-makers can then use this data to determine whether to move on with the project or not.
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