You are on page 1of 13

Q. Define System, Information system and Information technology.

System: A set of things working together as parts of a mechanism or an interconnecting network; a


complex whole.
the state railway system
A system is a collection of elements or components that are organized for a common purpose. The
word sometimes describes the organization or plan itself (and is similar in meaning to method, as in
"I have my own little system") and sometimes describes the parts in the system (as in "computer
system").
Information system: A combination of hardware, software, infrastructure and trained personnel
organized to facilitate planning, control, coordination, and decision making in an organization.
Information technology: The technology involving the development, maintenance, and use of
computer systems, software, and networks for the processing and distribution of data
Q. What is information system? Explain the elements and characteristics of a system.
Information system: Information system, an integrated set of components for collecting, storing,
and processing data and for providing information, knowledge, and digital products. Business firms
and other organizations rely on information systems to carry out and manage their operations,
interact with their customers and suppliers, and compete in the marketplace. Information systems
are used to run inter organizational supply chains and electronic markets. For instance, corporations
use information systems to process financial accounts, to manage their human resources, and to
reach their potential customers with online promotions. Many major companies are built entirely
around information systems.
Information Systems & Technology An information system (IS) is an arrangement of people, data,
processes, communications, and information technology that interact to support and improve dayto-day operations in a business, as well as support the problem-solving and decision-making needs
of management and users. Information technology is a contemporary term that describes the
combination of computer technology (hardware and software) with telecommunications technology
(data, image, and voice networks).
Elements of System: In "Fundamentals of Information Systems," Ralph Stair and George
Reynolds define a computer-based information system (CBIS) as a "single set of hardware,
software, databases, telecommunications, people, and procedures configured to collect, manipulate,
store, and process data into information." Some experts list five basic elements of a CBIS:
hardware, software, data, procedures and people. Others add a sixth element, communications, to
the list.
Hardware: Hardware is the most obvious part of a computer-based information system. Hardware
refers to the computers themselves, along with any and all peripherals, including servers, routers,
monitors, printers and storage devices. A CBIS may use a single computer or thousands.
Software: Without software, the hardware wouldn't be very useful. Software, the second element of
a CBIS, is what tells the hardware how to function. It gathers, organizes and manipulates data and
carries out instructions. Everything you do using a computer is done by the software.
Data: Data, or information, is the third element of a CBIS. Just as hardware cannot function
without software, software cannot function without data. This is the information part of an
information system, and whether that is statistical data, sets of instructions, lists of names or even
graphics and animations, it is all key to a CBIS.
Procedures: It is commonly said that "procedures are to people what software is to hardware." The
fourth element of CBIS, procedures are the rules, descriptions and instructions for how things are
done. In computer-based information systems, procedures are frequently covered in instruction or
user manuals that describe how to use the hardware, software and data.

People: People are the most often overlooked and most important part of a computer-based
information system. It is people who design and operate the software, input the data, build the
hardware and keep it running, write the procedures and it is ultimately people who determine the
success or failure of a CBIS.
Communication: Communication is left out of some lists of CBIS elements, but for a CBIS that
involves more than one piece of hardware to function, communication or connectivity is a
necessity. This is, in part, because parts of it are covered under hardware. The components that
allow one computer to communicate with another are hardware and are controlled by software. If
communication between people is included in this element, though, it is an important element.
Characteristics of a System: Based on the definition of a system, it is observed that following
characteristics are present in all systems:
a) Organisation: Organization implies structure and order. It is the arrangement of components
that helps to achieve objectives. In the design of a business system, for example, the hierarchical
relationship starting with the president on top and leading downward to the blue-collar workers
represents the organization structure. Likewise a computer system is designed around an input
device, a central processing unit, an output
device and one or more storage units. When these units are linked together, they work as a whole
system for generating information.
b) Interaction: Interaction refers to the procedure in which each component functions with other
components of the system. In an organization, for example, purchasing must interact with
production, advertising with the sales and payroll with personnel. In a computer system also, the
central processing unit must interact with other units to solve a problem. In turn, the main memory
holds program, and the data that the arithmetic
unit uses for computation. The inter-relationship between these components enables the computer
to perform.
c) Interdependence: Interdependence means that component of the organization or computer
system depends on one another. They are coordinated and linked together in a planned way to
achieve an objective.
d) Integration: Integration is concerned with how a system is tied together. It is more than sharing
a physical part or locations. It means that parts of the system work together within the system even
though each part performs a unique function. Successful integration will typically produce a better
result as a whole rather than if each component works independently.
e) Central Objective: Central objective is the last characteristics of a system. Objectives may be
real or stated. Although a stated objective may be the real objective. It is quite common that
organization may set one objective and operate to achieve another. The important point is that users
must be aware of the central objective well in advance.
Q. Express categories of information. Mention characteristic of good information and
describe the process of converting data into information.
The following are the six types of information systems and functions:
1. Transaction Processing Systems (TPS) serve the people in the operational level of an
organization. It collects and stores information about transactions, and controls some
aspects of transactions. A sale of item in the store is an example of a transaction.

2. Knowledge work systems (KWS) is used by technical staff as model functions to convert
design specifications into graphical designs. It uses computer-aided design/manufacture
(CAD/CAM).
3. Office automation systems (OAS) serve those that belong to the knowledge level of an
organization. The system helps individuals in the processing of personal and organizational

data, perform calculations, and create documents. e.g. word processing, spreadsheets, file
managers, personal calendars, presentation packages.
4. Decision-support systems (DSS) help the strategic management staff (senior officers) in
making decisions. The system uses information, models, or analysis tools in order for
managers to make simulations and predictions. Example of DSS is the 5-year investment
plan.
5. Management information systems (MIS) serve the management level of the organization.
The system condenses and converts the TPS data into information for purposes of
monitoring performance and managing the organization. Transactions that were recorded in
the TPS are analyzed and reported by an MIS. Example of an MIS output is the budget
report.
6. Executive support systems (ESS) serve the strategic level of an organization. A system
provides top-level executive of a readily accessible, interactive format to get the overview
of the entire organizations performance.
Characteristics of good information: For information to be useful to the decision maker, it must
have certain characteristics and meet certain criteria. Some of the characteristics of good
information are discussed as follows:
i. Understandable: Since information is already in a summarized form, it must be understood by
the receiver so that he will interpret it correctly. He must be able to decode any abbreviations,
shorthand notations or any other acronyms contained in the information.
ii. Relevant: Information is good only if it is relevant. This means that it should be pertinent and
meaningful to the decision maker and should be in his area of responsibility.
iii. Complete: It should contain all the facts that are necessary for the decision maker to
satisfactorily solve the problem at hand using such information. Nothing important should be left
out. Although information cannot always be complete, every reasonable effort should be made to
obtain it.
iv. Available: Information may be useless if it is not readily accessible in the desired form, when
it is needed. Advances in technology have made information more accessible today than ever
before.
v. Reliable: The information should be counted on to be trustworthy. It should be accurate,
consistent with facts and verifiable. Inadequate or incorrect information generally leads to decisions
of poor quality. For example, sales figures that have not been adjusted for returns and refunds are
not reliable.
vi. Concise: Too much information is a big burden on management and cannot be processed in time
and accurately due to bounded rationality. Bounded rationality determines the limits of the
thinking process which cannot sort out and process large amounts of information. Accordingly,
information should be to the point and just enough no more, no less.
vii. Timely: Information must be delivered at the right time and the right place to the right person.
Premature information can become obsolete or be forgotten by the time it is actually needed.
Similarly, some crucial decisions can be delayed because proper and necessary information is not
available in time, resulting in missed opportunities. Accordingly the time gap between collection of
data and the presentation of the proper information to the decision maker must be reduced as much
as possible.
viii. Cost-effective: The information is not desirable if the solution is more costly than the
problem. The cost of gathering data and processing it into information must be weighed against the
benefits derived from using such information.
Q. Write the characteristics of the various types of information systems in a tabular form .

Q. What is Data Processing? Describe the process of converting data into information.
Data Processing: Data processing is simply the conversion of raw data to meaningful information
through a process. Data is manipulated to produce results that lead to a resolution of a problem or
improvement of an existing situation. Similar to a production process, it follows a cycle where
inputs (raw data) are fed to a process (computer systems, software, etc.) to produce output
(information and insights).
Stages of the Data Processing Cycle
1) Collection is the first stage of the cycle, and is very crucial, since the quality of data collected
will impact heavily on the output. The collection process needs to ensure that the data gathered are
both defined and accurate, so that subsequent decisions based on the findings are valid. This stage
provides both the baseline from which to measure, and a target on what to improve.
Some types of data collection include census (data collection about everything in a group or
statistical population), sample survey (collection method that includes only part of the total
population), and administrative by-product (data collection is a byproduct of an organizations dayto-day operations).
2) Preparation is the manipulation of data into a form suitable for further analysis and processing.
Raw data cannot be processed and must be checked for accuracy. Preparation is about constructing
a dataset from one or more data sources to be used for further exploration and processing.
Analyzing data that has not been carefully screened for problems can produce highly misleading
results that are heavily dependent on the quality of data prepared.

3) Input is the task where verified data is coded or converted into machine readable form so that it
can be processed through a computer. Data entry is done through the use of a keyboard, digitizer,
scanner, or data entry from an existing source. This time-consuming process requires speed and
accuracy. Most data need to follow a formal and strict syntax since a great deal of processing power
is required to breakdown the complex data at this stage. Due to the costs, many businesses are
resorting to outsource this stage.
4) Processing is when the data is subjected to various means and methods of manipulation, the
point where a computer program is being executed, and it contains the program code and its current
activity. The process may be made up of multiple threads of execution that simultaneously execute
instructions, depending on the operating system. While a computer program is a passive collection
of instructions, a process is the actual execution of those instructions. Many software programs are
available for processing large volumes of data within very short periods.
5) Output and interpretation is the stage where processed information is now transmitted to the
user. Output is presented to users in various report formats like printed report, audio, video, or on
monitor. Output need to be interpreted so that it can provide meaningful information that will guide
future decisions of the company.
6) Storage is the last stage in the data processing cycle, where data, instruction and information are
held for future use. The importance of this cycle is that it allows quick access and retrieval of the
processed information, allowing it to be passed on to the next stage directly, when needed. Every
computer uses storage to hold system and application software.
The Data Processing Cycle is a series of steps carried out to extract information from raw data.
Although each step must be taken in order, the order is cyclic. The output and storage stage can
lead to the repeat of the data collection stage, resulting in another cycle of data processing. The
cycle provides a view on how the data travels and transforms from collection to interpretation, and
ultimately, used in effective business decisions.
Q. Who are the stakeholders/players in the system game
Stakeholders: Players in the Systems Game A stakeholder is any person who has an interest in an
existing or new information system. Stakeholders can be technical or nontechnical workers. For
information systems, the stakeholders can be classified as: System owners System users
Systems analysts System designers System builders IT vendors and consultants.

System Owners: System owners are the information systems sponsors and chief advocates. They
are usually responsible for funding the project to develop, operate, and maintain the information
system.
System Users: System Users System users are the people who use or are affected by the
information system on a regular basiscapturing, validating, entering, responding to, storing, and
exchanging data and information. A common synonym is client. Types include: Internal users
Clerical and service workers Technical and professional staff Supervisors, middle managers, and
executive managers Remote and mobile users (internal but disconnected) External users.
System Designers: System designers translate system users business requirements and constraints
into technical solutions. They design the computer files, databases, inputs, outputs, screens,
networks, and programs that will meet the system users requirements.
System Builders: System builders construct the information system components based on the
design specifications from the system designers. In many cases, the system designer and builder for
a component are one and the same.
Systems Analysts: A systems analyst studies the problems and needs of an organization to
determine how people, data, processes, communications, and information technology can best
accomplish improvements for the business. When information technology is used, the analyst is
responsible for: The efficient capture of data from its business source, The flow of that data to
the computer, The processing and storage of that data by the computer, and The flow of useful
and timely information back to the business and its people.
Q. Who is a Systems Analyst? What does a Systems Analyst do? Write the skills required by
system analysts.
Systems Analyst: A systems analyst is a person who conducts a study, identifies activities and
objectives and determines a procedure to achieve the objectives. Designing and implementing
systems to suit organizational needs are the functions of the systems analyst. He plays a major role
in seeing business benefits from computer technology. The analyst is a person with unique skills.
He uses these skills to coordinate the efforts of different type of persons in an organization to
achieve business goals.
A system analyst carries out the following job:

a) The first and perhaps most difficult task of systems analyst is problem definition. Business
problems are quite difficult to define. It is also true that problems cannot be solved until they
are precisely and clearly defined.
b) Initially a systems analyst does not know how to solve a specific problem. He must consult
with managers, users and other data processing professionals in defining problems and
developing solutions. He uses various methods for data gathering to get the correct solution
of a problem.
c) Having gathered the data relating to a problem, the systems analyst analyses them and thinks
of plan to solve it. He may not come up personally with the best way of solving a problem but
pulls together other peoples ideas and refines them until a workable solution is achieved.
d) Systems analysts coordinate the process of developing solutions. Since many problems have
number of solutions, the systems analyst must evaluate the merit of such proposed solution
before recommending one to the management.
e) Systems analysts are often referred to as planners. A key part of the systems analysts job is to
develop a plan to meet the management objectives.
f) When the plan has been accepted, systems analyst is responsible for designing it so that
managements goal could be achieved. Systems design is a time consuming, complex and
precise task.
g) Systems must be thoroughly tested. The systems analyst often coordinates the testing
procedures and helps in deciding whether or not the new system is meeting standards
established in the planning phase.
Skills required by system analysts
Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of
alternative solutions, conclusions or approaches to problems.
Reading Comprehension - Understanding written sentences and paragraphs in work related
documents.
Active Listening - Giving full attention to what other people are saying, taking time to understand
the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking - Talking to others to convey information effectively.
Systems Analysis - Determining how a system should work and how changes in conditions,
operations, and the environment will affect outcomes.
Systems Evaluation - Identifying measures or indicators of system performance and the actions
needed to improve or correct performance, relative to the goals of the system.
Judgment and Decision Making - Considering the relative costs and benefits of potential actions
to choose the most appropriate one.
Writing - Communicating effectively in writing as appropriate for the needs of the audience.
Complex Problem Solving - Identifying complex problems and reviewing related information to
develop and evaluate options and implement solutions.
Programming - Writing computer programs for various purposes.
Operations Analysis - Analyzing needs and product requirements to create a design.
Active Learning - Understanding the implications of new information for both current and future
problem-solving and decision-making.
Quality Control Analysis - Conducting tests and inspections of products, services, or processes to
evaluate quality or performance.
Troubleshooting - Determining causes of operating errors and deciding what to do about it.
Time Management - Managing one's own time and the time of others.
Technology Design - Generating or adapting equipment and technology to serve user needs.
Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to
make improvements or take corrective action.

Social Perceptiveness - Being aware of others' reactions and understanding why they react as they
do.
Coordination - Adjusting actions in relation to others' actions.
Persuasion - Persuading others to change their minds or behavior.
Mathematics - Using mathematics to solve problems.
Service Orientation - Actively looking for ways to help people.
Instructing - Teaching others how to do something.
Learning Strategies - Selecting and using training/instructional methods and procedures
appropriate for the situation when learning or teaching new things.
Operation Monitoring - Watching gauges, dials, or other indicators to make sure a machine is
working properly.
Management of Personnel Resources - Motivating, developing, and directing people as they
work, identifying the best people for the job.
Science - Using scientific rules and methods to solve problems.
Negotiation - Bringing others together and trying to reconcile differences.
Q. Where can system analysts work?
Analyze science, engineering, business, and other data processing problems to implement and
improve computer systems. Analyze user requirements, procedures, and problems to automate or
improve existing systems and review computer system capabilities, workflow, and scheduling
limitations. May analyze or recommend commercially available software.
Q. What is a system development methodology?
System development methodology A standardized development process that defines a set of
activities, methods, best practices, deliverables, and automated tools that system developers and
project managers are supposed to use to develop and continuously improve information systems
and software.
System Development Methodologies
1.
Architected Rapid Application Development (Architected RAD): Architected rapid
application development (ARAD) refers to software that uses frameworks and patterns as main
elements to aid in the development of common functions of an application. ARAD is an
advanced form of object-oriented analysis and design tools. It involves the use of design
patterns and analysis of already created models. Organizations are widely using ARAD along
with agile methodologies and practices.
2.
Dynamic Systems Development Methodology (DSDM): An Agile project management
framework which delivers the right solution at the right time. Find out more by watching the
videos below.
3.
Joint Application Development (JAD): JAD (Joint Application Development) is a
methodology that involves the client or end user in the design and development of an
application, through a succession of collaborative workshops called JAD sessions. Chuck
Morris and Tony Crawford, both of IBM, developed JAD in the late 1970s and began teaching
the approach through workshops in 1980.
4.
Information Engineering (IE): A methodology for developing an integrated information
system based on the sharing of common data, with emphasis on decision support needs as well
as transaction-processing (TP) requirements. It assumes logical data representations are
relatively stable, as opposed to the frequently changing processes that use the data. Therefore,
the logical data model, which reflects an organizations rules and policies, should be the basis
for systems development.
5.
Rapid Application Development (RAD): Rapid application development (RAD) is a suite
of software development methodology techniques used to expedite software application
development.
RAD uses predefined prototyping techniques and tools to produce software applications. It

6.

encompasses a graphical user interface (GUI) development environment, allowing end users to
easily drag and drop required software application components.
Rational Unified Process (RUP): http://www.webopedia.com/TERM/R/RUP.html
7.
Structured Analysis and Design: Structured analysis and design technique (SADT) is a
systems engineering and software engineering methodology for describing systems as a
hierarchy of functions. SADT is a structured analysis modeling language, which uses two types
of diagrams: activity models and data models.
8.
eXtreme Programming (XP): Extreme programming (XP) is a software development
methodology which is intended to improve software quality and responsiveness to changing
customer requirements. As a type of agile software development, it advocates frequent
"releases" in short development cycles, which is intended to improve productivity and introduce
checkpoints at which new customer requirements can be adopted.
Q. Describe all phases of system development life cycle.
Systems development life: The systems development life cycle (SDLC), also referred to as the
application development life-cycle, is a term used in systems engineering, information systems
and software engineering to describe a process for planning, creating, testing, and deploying an
information system.[1] The systems development life-cycle concept applies to a range of hardware
and software configurations, as a system can be composed of hardware only, software only, or a
combination of both.
System Development Life Cycle (SDLC) is a series of six main phases to create a hardware system
only, a software system only or a combination of both to meet or exceed customers expectations.
System Development Life Cycle (SDLC) is a series of six main phases to create a hardware system
only, a software system only or a combination of both to meet or exceed customers expectations.
System Development Life Cycle Phases:

1- System Planning: The Planning phase is the most crucial step in creating a successful system,
during this phase you decide exactly what you want to do and the problems youre trying to solve,
by:

Defining the problems, the objectives and the resources such as personnel and costs.
Studying the ability of proposing alternative solutions after meeting with clients, suppliers,
consultants and employees.
Studying how to make your product better than your competitors.

After analyzing this data you will have three choices: develop a new system, improve the
current system or leave the system as it is.

2- System Analysis: The end-users requirements should be determined and documented, what
their expectations are for the system, and how it will perform. A feasibility study will be made for
the project as well, involving determining whether its organizationally, economically, socially,
technologically feasible. its very important to maintain strong communication level with the clients
to make sure you have a clear vision of the finished product and its function.
3- System Design: The design phase comes after a good understanding of customers requirements,
this phase defines the elements of a system, the components, the security level, modules,
architecture and the different interfaces and type of data that goes through the system.
A general system design can be done with a pen and a piece of paper to determine how the system
will look like and how it will function, and then a detailed and expanded system design is
produced, and it will meet all functional and technical requirements, logically and physically.
4- Implementation and Deployment: This phase comes after a complete understanding of system
requirements and specifications, its the actual construction process after having a complete and
illustrated design for the requested system.
In the Software Development Life Cycle, the actual code is written here, and if the system contains
hardware, then the implementation phase will contain configuration and fine-tuning for the
hardware to meet certain requirements and functions.
In this phase, the system is ready to be deployed and installed in customers premises, ready to
become running, live and productive, training may be required for end users to make sure they
know how to use the system and to get familiar with it, the implementation phase may take a long
time and that depends on the complexity of the system and the solution it presents.
5- System Testing and Integration: Bringing different components and subsystems together to
create the whole integrated system, and then Introducing the system to different inputs to obtain
and analyze its outputs and behavior and the way it functions. Testing is becoming more and more
important to ensure customers satisfaction, and it requires no knowledge in coding, hardware
configuration or design.
Testing can be performed by real users, or by a team of specialized personnel, it can also be
systematic and automated to ensure that the actual outcomes are compared and equal to the
predicted and desired outcomes.
6- System Maintenance: In this phase, periodic maintenance for the system will be carried out to
make sure that the system wont become obsolete, this will include replacing the old hardware and
continuously evaluating systems performance, it also includes providing latest updates for certain
components to make sure it meets the right standards and the latest technologies to face current
security threats.

These are the main six phases of the System Development Life Cycle, and its an iterative process
for each project. Its important to mention that excellent communication level should be maintained
with the customer, and Prototypes are very important and helpful when it comes to meeting the
requirements. By building the system in short iterations; we can guarantee meeting the customers
requirements before we build the whole system.
OR
These stages can be characterized and divided up in different ways, including the following:

Project planning, feasibility study: Establishes a high-level view of the intended project
and determines its goals.

Systems analysis, requirements definition: Refines project goals into defined functions
and operation of the intended application. Analyzes end-user information needs.

Systems design: Describes desired features and operations in detail, including screen
layouts, business rules, process diagrams, pseudocode and other documentation.

Implementation: The real code is written here.

Integration and testing: Brings all the pieces together into a special testing environment,
then checks for errors, bugs and interoperability.
Acceptance, installation, deployment: The final stage of initial development, where the
software is put into production and runs actual business.
Maintenance: What happens during the rest of the software's life: changes, correction,
additions, moves to a different computing platform and more. This, the least glamorous and
perhaps most important step of all, goes on seemingly forever.

Q. Write the principles of system development. What do you know about PIECES problem
solving framework?
Principles of system development:
Principle 1: The acquirer and the supplier have conflicting concerns about system development.
Principle 2: Only agreed and approved arrangements will be effective.
Principle 3: Never postpone requirements definition crucial to the project success.
Principle 4: Never proceed to the next step without agreement among stakeholders.
Principle 5: Multistage estimation reduces risks for the acquirer as well as the supplier.
Principle 6: System development costs much more than software development does.
Principle 7: Give importance to the system life cycle cost.
Principle 8: It is a key for success to make the policy and purpose of the system development well known to
all stakeholders.
Principle 9: The acquirer is responsible for definition of the requirements.
Principle 10: The requirements specification documents are the basics to go back to whenever a question
arises.
Principle 11: The requirements specification documents describe in detail what the system to be realized is.
Principle 12: Implicit requirements would never be realized.
Principle 13: Everyone has his/her own yardstick for non-quantified requirements.
Principle 14: There is no such requirement as just the same as the present.
Principle 15: Requirements should be defined so that the resulting business operation works well.
Principle 16: Functional requirements expand by themselves. Cost and schedule shrink them.
Principle 17: The acquirer should be held accountable for defined requirements.

PIECES: One of the framework developed by the James Wetherbe is known as PIECES, where
each of the letter represents a category. We have six categories in this framework which are enlisted
below:

P the need to correct or improve the Performance


I the need to correct or improve the Information (and data)
E the need to correct or improve the economics, control costs or profits
C the need to correct or improve control or security
E the need to correct or improve efficiency of people and process
S the need to correct or improve service to customers, suppliers, partners, employees and
so on

Q. Write about System Improvement objectives. Write the indicator of Requirements


statement.

Q. What is Feasibility Analysis? Shortly describe several types of feasibility.


Feasibility analysis: Feasibility analysis (FA, also called feasibility study) is used to assess the
strengths and weaknesses of a proposed project and present directions of activities which will
improve a project and achieve desired results. The nature and components of feasibility studies
depend primarily on the areas in which analyzed projects are implemented.
There are many different types of feasibility studies; here is a list of some of the most common:

Technical Feasibility - Does the company have the technological resources to undertake the
project? Are the processes and procedures conducive to project success?

Schedule Feasibility - Does the company currently have the time resources to undertake
the project? Can the project be completed in the available time?

Economic Feasibility - Given the financial resources of the company, is the project
something that can be completed? The economic feasibility study is more commonly called the
cost/benefit analysis.

Cultural Feasibility - What will be the impact on both local and general cultures? What
sort of environmental implications does the feasibility study have?

Legal/Ethical Feasibility - What are the legal implications of the project? What sort of
ethical considerations are there? You need to make sure that any project undertaken will meet
all legal and ethical requirements before the project is on the table.
Resource Feasibility - Do you have enough resources, what resources will be required, what
facilities will be required for the project, etc.

Operational Feasibility - This measures how well your company will be able to solve
problems and take advantage of opportunities that are presented during the course of the project
Marketing Feasibility - Will anyone want the product once its done? What is the target
demographic? Should there be a test run? Is there enough buzz that can be created for the
product?
Real Estate Feasibility - What kind of land or property will be required to undertake the
project? What is the market like? What are the zoning laws? How will the business impact the
area?
Comprehensive Feasibility - This takes a look at the various aspects involved in the project marketing, real estate, cultural, economic, etc. When undertaking a new business venture, this is
the most common type of feasibility study performed.

You might also like