Professional Documents
Culture Documents
Feasibility
Measure of how beneficial or practical the development of an information system will be to an organization. Feasibility Analysis
Process by which feasibility is measured
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Tests of Feasibility
Operational Feasibility Technical Feasibility Schedule Feasibility Economic Feasibility
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Tests of Feasibility
Operational Feasibility
How well will the solution work in the
organization?
Technical Feasibility
How practical is the technical solution?
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Tests of Feasibility
Schedule Feasibility
How reasonable is the project timetable?
Economic Feasibility
How cost-effective is the project or
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Operational Feasibility
Questions to Ask
Is the problem worth solving?
Will the solution to the problem work? How do end users and management feel about the solution?
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Technical Feasibility
Questions to Ask
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Economic Feasibility
Cost-benefit analyses
Do we possess the necessary technology? Do we possess the necessary technical expertise? Is the schedule reasonable?
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Whitten, Bentley & Dittman 2001, Chapter 9
Cost Analysis
Project Budget Template
Author's Name Assumptions Personnel/Infrastructure assumptions Infrastructure assumptions --Initial network and remote access upgrades covered in ZYX project Programmatic assumptions --Budget currently contains expenses only --Revenues to be estimated upon completion of market survey Worksheet and expense assumptions --Average manager salary (2002$$) --Annual expense increase --Benefits and indirect costs changes per year --Benefits (as a percentage of wages) Expenses Personnel Benefits (at 32%) Hardware Software Computer Usage Costs Training Costs Library Resources Program Maintenance and Upgrade Costs Travel Costs Administrative Costs Administration Postage, Fedex Communications Publication costs Total Administrative Costs Total Direct Cost Indirect Costs (at 54.5%) Yearly Project Costs Year 1 Year 2 Year 3 Organization Name, Date
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Benefit Analysis
Benefit analyses
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Benefit Analysis
Tangible Benefits Fewer processing errors Increased throughput Decreased response time Elimination of job steps Increased sales Reduced credit losses Reduced expenses Intangible Benefits Improved customer goodwill Improved employee morale Better service to community Better decision-making
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Economic Feasibility
Payback analysis
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Feasibility Analysis
Compare candidate systems on basis of several characteristics Better analysts always consider multiple solutions
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Candidate 2 Candidate 3
COTS package Platinum Plus from Entertainment Solutions, Inc. Solution can be implemented quickly.
MS Visual C++ MS Access for customization of package for report writing. Package solution
Client-server
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Candidate 3
Score: 100
Technical Feasibility Technology: Assessment of maturity, availability, ability to acquire, and desirability of computer technology needed to support the candidate. Expertise: Assessment of the technical expertise needed to develop, operate, and maintain the candidate system Economic Feasibility Cost to Develop Payback period (discounted) Net Present Value Detailed Calculations
Score: 60
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