The goal is to research the history of the property and adjacent properties, as well as current operations to identify possible environmental liabilities associated with the site.
To determine objectives of the proposed system. To acquire a sense of scope of the system. To identify the responsible users. To determine whether it is feasible to develop the new system. Steps in Feasibility Analysis Feasibility analysis is carried out in following steps: First of all project management group of the organization forms separate teams for independent projects.
Each project team comprises of one or more systems analysts and programmers with a project leader. The project leader is responsible for planning and managing the development activities of the system.
Prepare the Current Systems Flowchart: After preliminary investigations, the analysts prepare the systems flowchart of the current system. These charts describe the general working of the system in a graphical way. Describe the Deficiencies in the Current System: On studying the systems flowcharts, the analysts identify and describe the deficiencies in the current system.
Determine Objectives of the Proposed System: The major objectives of the proposed systems are listed by each analyst and are discussed with the project leader. Prepare the Proposed Systems Flowchart: After determining the major objectives of the proposed system, the analysts prepare their systems flowcharts.
Systems flowcharts of the proposed system are compared with those of current system in order to ensure that they meet the objectives. Determine the Technical Feasibility: The existing computer systems hardware and software of the concerned department are identified and their technical specifications are noted down.
The analysts decide whether the existing systems are sufficient for the technical requirements of the proposed system or not. Determine the Economic Feasibility: The analysts determine the costs and benefits of proposed system in order to ensure that the project is economically feasible.
Determine the Operational Feasibility: After determining the economic feasibility, the analysts identify the responsible users of the system and hence determine the operational feasibility of the project. Presentation of Feasibility Analysis: During the feasibility study, the analysts also keep on preparing the feasibility study report.
At the end of feasibility analysis, the feasibility analysis report is given to the management along with the oral presentation.
Types of Feasibility During feasibility analysis, the analyst considers the three main types of feasibility — technical, economical and operational feasibility, all of which are interrelated. During this study, the analyst identifies the existing computer systems hardware and software of the concerned department and determines whether these technical resources are sufficient for the proposed system or not.
If they are not sufficient, the analyst suggests the configuration of the computer systems that are required. The analyst generally pursues two or three different configurations which satisfy the key technical requirements but which represent different costs.
During technical feasibility study, financial resources and budget is also considered. The main objective of technical feasibility is to determine whether the project is technically feasible, provided it is economically feasible.
Economic feasibility is the most important study that determines the cost and benefits of the proposed system and compares with the budget. The cost of the project should not outweigh the budget. The cost of the project includes the cost of hardware, software, development and implementation.
If benefits are found to be more than costs, then the analyst decides to continue the development of the proposed system otherwise considers it economically not feasible. The feasibility study presents both tangible e.Oct 01, · A feasibility study assesses the operational, technical and economic merits of the proposed project.
The feasibility study is intended to be a preliminary review of the facts to see if it is worthy of proceeding to the analysis phase. Feasibility Study • Feasibility analysis concerned with the different aspects that might influence the acceptance of the system.
• It tries to answer questions like • whether the system can be accepted, • is it worth using and so on. Providing the full spectrum of facility and infrastructure services for clients around the world.
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Mar 20, · Multiple user support. Feasibility Analysis We have analyzed the feasibility of the system in terms of following spans: Technical Feasibility Operational Feasibility Economic Feasibility Schedule Feasibility Behavioral Feasibility Technical Feasibility: The development process of Payroll Management System would be advantageous to the organization because we would make use of only 1/5(1).
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Establishing McDonald Restaurant Feasibility Study. 1. General Objectives. Description of the Business Project. The proposed business will need a three-storey building in a 2, square-meter lot with a parking space at the rear.