In: Business and Management

Submitted By oertunc
Words 3859
Pages 16
Information Systems Analysis and Design


VI. The Feasibility Study
What is a feasibility study? What to study and conclude? Benefits and costs Cost/Benefit analysis Accounting methods Comparing alternatives

Do it!

2002 Jaelson Castro and John Mylopoulos

The Feasibility Study -- 1

Information Systems Analysis and Design


The Feasibility Study Phase n The objectives of a feasibility study are to find out if an information system project can be done (...is it possible?...is it justified?) and to suggest possible alternative solutions. n A feasibility study should provide management with enough information to decide: - whether the project can be done - whether the final product will benefit its intended users - what are the alternatives among which a solution will be chosen (during subsequent phases) - is there a preferred alternative n After a feasibility study, management makes a go/no go decision The feasibility study is a management-oriented activity

2002 Jaelson Castro and John Mylopoulos

The Feasibility Study -- 2

Page 1

Information Systems Analysis and Design


What to Study? ...What to Conclude? n Things to be studied during the feasibility study phase: ü The present organizational system, including users, policies, functions, objectives,... ü Problems with the present system (inconsistencies, inadequacies in functionality, performance,..., ü Objectives and other requirements for the new system (what needs to change?) ü Constraints, including nonfunctional requirements on the system (preliminary pass) ü Possible alternatives (the current system is always one of those) ü Advantages and disadvantages of the alternatives Things to conclude: Feasibility of the project and the preferred alternative.


2002 Jaelson Castro and John Mylopoulos

The Feasibility Study -- 3

Information Systems…...

Similar Documents

Project Management

...16 hrs | | Mon 11/21/11 | Tue 11/22/11 | Determine business requirements | 80 hrs | 5 days | Wed 11/23/11 | Tue 11/29/11 | Analyst | 40 hrs | | Wed 11/23/11 | Tue 11/29/11 | Administrative Assistant | 40 hrs | | Wed 11/23/11 | Tue 11/29/11 | Obtain business sponser approval | 16 hrs | 1 day? | Wed 11/30/11 | Wed 11/30/11 | Analyst | 8 hrs | | Wed 11/30/11 | Wed 11/30/11 | Administrative Assistant | 8 hrs | | Wed 11/30/11 | Wed 11/30/11 | Review Problem Statement | 64 hrs | 4 days | Thu 12/1/11 | Tue 12/6/11 | Analyst | 32 hrs | | Thu 12/1/11 | Tue 12/6/11 | Administrative Assistant | 32 hrs | | Thu 12/1/11 | Tue 12/6/11 | Determine feasiblity | 40 hrs | 5 days | Thu 12/1/11 | Wed 12/7/11 | Analyst | 40 hrs | | Thu 12/1/11 | Wed 12/7/11 | Feasibility Study complete | 0 hrs | 0 days | Wed 12/7/11 | Wed 12/7/11 | Initiate Project plan | 16 hrs | 2 days | Thu 12/8/11 | Fri 12/9/11 | Analyst | 16 hrs | | Thu 12/8/11 | Fri 12/9/11 | Problem Definition Milestone | 0 hrs | 0 days | Fri 12/9/11 | Fri 12/9/11 | Requirement Analysis | 272 hrs | 17 days | Mon 12/12/11 | Tue 1/3/12 | Analyst | 136 hrs | | Mon 12/12/11 | Tue 1/3/12 | Administrative Assistant | 136 hrs | | Mon 12/12/11 | Tue 1/3/12 | Determine functional requirements | 0 hrs | 15 days | Mon 12/12/11 | Fri 12/30/11 | Conduct......

Words: 7534 - Pages: 31

H&M Case Study

... advantages  and  limita@ons  of  this  analysis?   o  Apply  VRIO  to  H&M  and  explain  your  analysis   o  Where  do  you  think  H&M’s  strategic  capabili@es  lie?   20  marks   Faculty  of  Higher  Educa@on                                                   City  College  Plymouth  in  conjunc@on  with   the  University  of  Plymouth   6    Assignment  1   Explain  the  purpose  of  Johnson  and  Scholes’  Strategy  test  and   define  the  criteria  -­‐  Suitability,  Acceptability  and  Feasiblity   •  Using  your  earlier  analysis  (PESTEL,  Porter’s  Five  Forces  and   VRIO))  iden@fy  3  strategic  op@ons  for  H&M   •  Apply  the  test  to  these  op@ons  and  score  each  criteria   •  Draw  conclusions,  explaining  how  they  meet  the  strategic   posi@on  you  have  outlined  earlier     Ac.on  planning  –explain  how  your  chosen  new  strategy  would   be  implemented  and  monitored     •  Prepare  an  ac@on  plan  with  SMART  objec@ves  for  its   implementa@on   •  Describe  how  ac@ons  would ......

Words: 684 - Pages: 3

Juice Brand Comparative

...Nonmetric Preference/Choice Set Data in Marketing Research. Marketing Research, 499516. 12. Dhar, R. (1996). The effect of decision strategy on the decision to defer choice. J. Behav. Decision Making, 265-281. 13. Dhar, R. (1997). Consumer preference for a no-choice option. J. Consumer Res., 215-231. 14. Draganska, M., & Jain, D. (2005). Product line length as a comparative tool. J. Econom. Managament Strategy, 1-28. 15. Garreston, J., Fisher, D., & Burton, S. (2002). Antecedents of Private label attitude and national brand promotion attitude: Similarirties and differences. Journal of Retailing, 91-99. 16. Gov. (2012, Feb). Pre-Feasiblity report for the Production of Guava Nector. Retrieved from 49 | P a g e http://www.pcsir.gov.pk/PCSIR%20Feasibility%20Studies%20for%20BOI/P LC/Guava%20nectar.pdf 17. Gov.pk. (2012, Feb). Pre-Feasiblity report for the Production of Guava Nector. Retrieved from http://www.pcsir.gov.pk/PCSIR%20Feasibility%20Studies%20for%20BOI/P LC/Guava%20nectar.pdf 18.Green, P., & DeSarbo, W. (1978). Additive Decomposition of Perceptions' Data Via Conjoint Analysis. Journal of Consumer Research, 58-65. 19. Green, P., & Srinivasan, V. (1978). Conjoint Analysis in Consumer Research: Issues and Outlook. Journal of Consumer Research, 103-23. 20. Green, P., Carroll, D., & and Goldberg, S. (1981). A General Approach to Product Design Optimization via Conjoint Analysis. Journal of Marketin, 7137. 21. Green, P., Rao, & V.R. (1972).......

Words: 13012 - Pages: 53

Final Exam Cmba

...Price $25 Page 3 of 16 10-49 sheets 50-99 sheets 100 sheets or more $23 $21 $18 Miami Home Furnishings (MHF) orders plywood from A.K. Plywood Products. MHF’s accounting department determines an ordering cost of $50 per order and an annual inventory holding cost percentage of 20% of the price of the item. The annual demand is 250 sheets. What should the order size be every time that an order is placed to minimize total annual cost? a) 250 b) 10 c) 50 d) 100 e) 77 Answer: d Solution Annual Demand Order Cost/Order Inventory Holding C Inventory Holding C Item Cost/unit 25 23 21 18 Model with Quantity Discounts D 250.00 S $50.00 20.00% i H See the table below Minimum Feasible Quantity Maximum Feasiblity Conditions H EOQ Optimal Total Cost Quantity (break Quantity (Q) point) No feasible range for this item 9 $5.00 70.71 1 n.a. n.a. cost No feasible range for this item 49 $4.60 73.72 10 n.a. n.a. cost EOQ is feasible 77.15 $5,574.04 50 99 $4.20 77.15 EOQ not feasible - use quanity 100 99,999 $3.60 83.33 100.00 $4,805.00 at break point Minimum Cost $4,805.00 Best Quantity Page 4 of 16 100.00 Q 7: A company is using the Economic Order Quantity (EOQ) model to manage its inventories. Suppose its inventory holding cost per unit per year doubles while the annual demand and the ordering cost per order do not change. What will happen to the EOQ? a) It doubles. b) It increases by......

Words: 2807 - Pages: 12

Sdlc Models

...and costs” in (p.332). Mainly in IT projects the SDLC is used for development with deliberate, methodical, and structured way. In some instance it involves reiteration of the project life (Roebuck, 2012). 7 Steps of Systems development Life Cycle Requirements and initiation In this phase the objectives and goals are defined into operations and functions of the intended. This includes collection of facts and interpreting them, also includes diagnosis of problems and recommending improvement. This phase helps in removing inconsistencies and imaginations in the requirements. Initially a need or opportunity is created or defined as per requirements and concept proposal. Documentation or charter is formulated after conducting required feasiblity studies, like operational and technical (Kennaley, 2010). Systems analysis In this phase the proposed system is analyzed as per specifications and shortcomings are found. Project members document a detailed functional requirement to break down the system into components or modules to analyze the situation or problem Lewis, (2008). Systems Design In this phase the factual data and requirements is transformed to design documents. The operations and functions of the systems are designed as per data provided. The features and operations are explained in details, using layouts, flow charts, business rules, pseudo code, and diagrams. Aken, A. (2008) mentioned “a risk analysis is conducted between system design phase and system......

Words: 1986 - Pages: 8

Feasiblity Study- Final Assignment

...THE ACADEMY OF NORTHERN EXCELLENCE REDFINE YOUR SELF BY BECOMING YOUR POTENTIAL ASSIGNMENT II- FEASIBILITY STUDY FEBRUARY 29, 2016 Page |1 *** From here on out, The Academy of Northern Excellence will be abbreviated to “TANE” *** Table of Contents Page Number Executive Summary 2 Potential Market 3 Local Competitors 6 Product and/or Service Offering 9 Pricing strategy 10 Promotion Strategy and Budget 11 Distribution Plans 12 Cost/Profitability Analysis and Pro Forma Financial Statements 13 Future Plans 14 Appendix 15 Page |2 Executive summary My name is Jan Barbier, I have a degree in Kinesiology and certificate in personal training and I am currently a student in Respiratory Therapy and Exercise Physiology. TANE is a business concept that is targeted to both high-performance athletes and to those individuals that may suffer from more than one risk factor. My expected business outcome is to provide Yellowknife with my expertise in improving ones physical capabilities and to improve one’s quality of life by working to eliminating ones identified risk factor. I am hoping to open TANE in Yellowknife, Northwest Territories once I have graduated in this coming summer. I have been saving money for this very project, so I will not require any loans or financing from any third parties. I plan on working as a full-time respiratory therapist, while having TANE as an extra source of income.......

Words: 3330 - Pages: 14

Analysis of Long Term Financing in Riico

... |0.5% Of The Amount Of Term Loan Sanctioned. | |9 |Facility To Pre Pay |Facility To Pre Pay The Term Loan Without Levy Of Prepayment Premium. | |10 |Rebate On Timely Payment |As Per Prevailing Policy-2% Wef 16.07.2009 | BIBLIOGRAPHY • 40 th annual report • The catalysist (the official news letter of RIICO) • Shemes for financial assistance, RIICO • Industrial land in rajasthan RIICO • www.RIICO.co.in . ----------------------- Project implementation and development cell Appraisal cell check technical & financial feasiblity Application form Follow up & recovery cell Industrial development and infrastructure cell Corporate fund and taxation cell...

Words: 11007 - Pages: 45

Serviettes | Web Apps | The Walking Dead No Man's Land premium