FEASIBILITY STUDY Feasibility study is a means to check whether the proposed system is correct or not. The results of this study arte used to make decision whether to proceed with the system or to close it. It is an analysis of possible alternative solutions to a problem and a recommendation on the best alternative.

FEASIBILITY STUDY An analysis and evaluation of proposed project to determine if it (1) is technically feasible, (2) is feasible within the estimated cost ,and (3) will be profitable. Feasibility studies are almost always conducted where large sums are at stake. It is also known as feasibility analysis.

FEASIBILITY STUDY If the feasibility study is to serve as decision document it must answer three key questions: 1. Is there a new and better way to do the job that will benefit the user? 2. What are the costs and savings of the alternative (s)? 3. What is recommended?

Feasibility Considerations Economic Feasibility Operational Feasibility Technical Feasibility Behavioral Feasibility

Operational Feasibility Simply stated, this test of feasibility asks if the system will work when it is developed and installed. Are there major barriers to implementation? Is there sufficient support for the project from management? From users? Are current business methods acceptable to the users? Will the proposed system cause harm?

Economic Feasibility for evaluating the effectiveness of a system. It is commonly known as cost/benefit analysis. This involves questions such as whether the firm can afford to build the system, whether the project has higher profits than other projects . The cost to conduct a full systems investigation? The cost of hardware and software?

Technical Feasibility Availability of technical resources and expertise. centers around the existing computer system (hardware , software etc). Whether the firm have enough experience to use that technology? Does the necessary technology exist to do what is suggested? Can the system be expanded if developed? Are there technical guarantees of accuracy, reliability, ease of access, and data security?

Behavioral Feasibility It refers to the system which will be designed to process data and produce the desired outputs. Behavior feasibility is a term used to describe people’s attitudes towards different things things. It also studies how people react to things. An estimate should be made of how strong a reaction the user staff is likely to have toward the development of a computerized system.

Feasibility Report Combination of the feasibility study is a feasibility report directed to management. Evaluates the impact of the proposed changes on the area(s) in question. It is a formal document for management use. brief enough and sufficiently non-technical to be understandable.

Feasibility Report There is no standard format for preparing feasibility reports. Analysts usually decide on a format that suits the particular user and system. The report contains the following sections: Cover letter: Cover letter formally presents the report and briefly indicates to management the nature, general findings and recommendations to be considered Table of contents Overview: purpose scope of the project, names of the persons who conducted the study, when it began, and explains the circumstance surrounding the study.

Feasibility Report Detailed findings: methods used in the present system, effectiveness and efficiency as well as operating costs are emphasized, output reports, costs and benefits gives management a feel for the pros and cons of the system. Economic justification: point-by-point cost comparisons. Recommendations and conclusions: Appendixes: document all memos and data compiled during the investigation. They are placed at the end of the report for reference.

Oral Presentation The feasibility report is a good written presentation documenting the activities involving the candidate system. The oral presentation has several important objectives. The most critical requirements for the analyst who gives the oral presentation are: (1) communication skills and knowledge about the system that can be translated into language understandable to the user and (2) the ability to answer questions, clarify issues, maintain credibility and pick up on any new ideas or suggestions.

Oral Presentation The presentation may aim at informing , confirming , or persuading. 1. Informing. This simply means communicating the decisions already reached system recommendations and the resulting action plans to those who will participate in the implementation. No detailed findings or conclusions are included. 2. Confirming. A presentation with this purpose verifies facts and recommendations already discussed and agreed upon. Confirming is itself part of the process of securing approval. It should reaffirm the benefits of the candidate system and provide a clear statement of results to be achieved.

Oral Presentation 3. Persuading. This is a presentation pitched toward selling ideas- attempts to convince executives to take actions on recommendations for implementing a candidate system.

Oral Presentation – Suggested Outline Introduction a. Introduce self b. Introduce topic. c. Briefly describe current system. i. Explain why it is not solving the problem ii. Highlight user dissatisfaction with it. iii. Briefly describe scope, objectives and recommendation of the proposed system. 2. Body of presentation. a. Highlight weaknesses of current system. b. Describe proposed system. How is it going to solve the problem? c. Sell proposed system. Specify savings and benefits, costs and expenses. Use visual aids to justify project and explain system. d.Summarize implementation plan and schedule. e. Review human resources requirements to install system.

3. Conclusion. a. Summarize proposal b. Restate recommendations and objectives of proposal. c. Summarize benefits and savings. d. Ask for top-level management support. Solicit go-ahead for project. 4. Discussion period- Answer questions convincingly.

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