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    Feasibility Study

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    Mesele Berhanu
    The document discusses feasibility studies which help management determine if a system should be developed. It describes the types of feasibility that must be considered including economic, technical, operational, behavioral, and schedule feasibility.

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    © All Rights Reserved
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    Feasibility Study

    Uploaded by

    Mesele Berhanu
    6 views3 pages
    The document discusses feasibility studies which help management determine if a system should be developed. It describes the types of feasibility that must be considered including economic, technical, operational, behavioral, and schedule feasibility.

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    © © All Rights Reserved

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    The document discusses feasibility studies which help management determine if a system should be developed. It describes the types of feasibility that must be considered including economic, technical, operational, behavioral, and schedule feasibility.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    6 views3 pages

    Feasibility Study

    Uploaded by

    Mesele Berhanu
    The document discusses feasibility studies which help management determine if a system should be developed. It describes the types of feasibility that must be considered including economic, technical, operational, behavioral, and schedule feasibility.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    SYSTEM ANALYSIS AND DESIGN

    Feasibility Study

    Feasibility Study can be considered as preliminary investigation that helps the


    management to take decision about whether study of system should be feasible for
    development or not.

     It identifies the possibility of improving an existing system, developing a new


    system, and produce refined estimates for further development of system.

     It is used to obtain the outline of the problem and decide whether feasible or
    appropriate solution exists or not.

     The main objective of a feasibility study is to acquire problem scope instead


    of solving the problem.

     The output of a feasibility study is a formal system proposal act as decision


    document which includes the complete nature and scope of the proposed
    system.

    Steps Involved in Feasibility Analysis

    The following steps are to be followed while performing feasibility analysis −

     Form a project team and appoint a project leader.

     Develop system flowcharts.

     Identify the deficiencies of current system and set goals.

     Enumerate the alternative solution or potential candidate system to meet


    goals.

     Determine the feasibility of each alternative such as technical feasibility,


    operational feasibility, etc.

     Weight the performance and cost effectiveness of each candidate system.

     Rank the other alternatives and select the best candidate system.

     Prepare a system proposal of final project directive to management for


    approval.
    SYSTEM ANALYSIS AND DESIGN

    Types of Feasibilities

    Economic Feasibility

     It is evaluating the effectiveness of candidate system by using cost/benefit


    analysis method.

     It demonstrates the net benefit from the candidate system in terms of benefits
    and costs to the organization.

     The main aim of Economic Feasibility Analysis (EFS) is to estimate the


    economic requirements of candidate system before investments funds are
    committed to proposal.

     It prefers the alternative which will maximize the net worth of organization by
    earliest and highest return of funds along with lowest level of risk involved in
    developing the candidate system.

    Technical Feasibility

     It investigates the technical feasibility of each implementation alternative.

     It analyzes and determines whether the solution can be supported by existing


    technology or not.

     The analyst determines whether current technical resources be upgraded or


    added it that fulfill the new requirements.

     It ensures that the candidate system provides appropriate responses to what


    extent it can support the technical enhancement.
    SYSTEM ANALYSIS AND DESIGN
    Operational Feasibility

     It determines whether the system is operating effectively once it is developed


    and implemented.

     It ensures that the management should support the proposed system and its
    working feasible in the current organizational environment.

     It analyzes whether the users will be affected and they accept the modified or
    new business methods that affect the possible system benefits.

     It also ensures that the computer resources and network architecture of


    candidate system are workable.

    Behavioral Feasibility

     It evaluates and estimates the user attitude or behavior towards the


    development of new system.

     It helps in determining if the system requires special effort to educate, retrain,


    transfer, and changes in employee’s job status on new ways of conducting
    business.

    Schedule Feasibility

     It ensures that the project should be completed within given time constraint or
    schedule.

     It also verifies and validates whether the deadlines of project are reasonable
    or not.

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