Types of feasibility studies and feasibility reports
various types of feasibility studies
- Operational feasibility : it is measure of, how well the solution will work in the organization. it is also the measure of , what people feel about the project/system
- Technical feasibility : it is the measure of the practicality of a specific technical solution and the availability of technical resource and expertise.
- Schedule feasibility : it is a measure of , how reasonable the project timetable is.
- Economic feasibility : it is measure of cost effectiveness of the system/project and its solution it is often called cost benefit analysis.
- Cultural Feasibility - What will be the impact of particular thing on both local and general cultures? How they will respond to that. What type of implications does the feasibility study have?
- Legal/Ethical Feasibility - it is a measure of legal implications on the project, ethical considerations. We need to make sure that project undertaken will meet all legal and ethical requirements.
- Resource Feasibility - Do we have enough resources, what resources and facilities will be required for the project, etc.
- 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?
- Managerial Feasibility Study – Managerial feasibility is measured by certain key elements like employee involvement, demonstrated management availability & capability and commitment.
- Financial Feasibility Study – Validating that a project is possible within your financial constraints. For example, a construction project that uses reference class forecasting as a sanity check for project budget.
Feasibility report
It is a final report of the feasibility study about the findings and conclusion of the study. it should be possible to review report and take decision on the project based on it . For the convenience of the reader report usually include executive summary which gives the salient point and conclusion of the report. The report must contain clear scope of the system. it should give the description of the both existing system and proposed system.
The report may also contain the methods used in study and the persons contacted and other similar things.
- Title page with the name of the project and customer
- Information-version-number,name of the author,reviewer, approver etc.
- Table of content
- Scope and system boundaries
- Problem statement along with current system description, proposed system description, description of how the proposed system will solve the problem
- Executive summary
- Cost/benefit statement
- Implementation schedule for implementing the proposed system
- Hardware configuration
- Appendices with details to to supplement the report.
Frequently Asked Questions
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Ans: Feasibility studies are almost always conducted where large sums are at stake. Also called feasibility analysis. A feasibility study is conducted in order to determine the success and minimize the risks related to the project. When it becomes certain that the specific project could be carried out profitably view more..
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Ans: There are various techniques to gather data and facts of system. some of them re as follows :
Record view and Background reading
Interviews
Questionnaires
Group communication
Presentation
Site visiting
Observation view more..
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Ans: Management should not be lenient on part of documentation, management should never say like “ as time running short , so just create the system and make the documentation later”.
Phase should not be considered complete until documentation is done.
Coding should not be considered done unless its has required comment lines. view more..
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Ans: It is a final report of the feasibility study about the findings and conclusion of the study. it should be possible to review report and take decision on the project based on it view more..
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Ans: System selection means selecting the various hardware, software, and services that are needed for implanting the system. Before the system selection can be done, it is necessary to know the capabilities of required proposed system view more..
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Ans: Costs fall into two categories. There are cost associated with developing the systems and there are costs associated with a operating a system. view more..
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Ans: Quantitative measure of degree to which a system, component or process possesses a given attribute
For ex. No. of errors found per person hours expended
Cost and Effort Estimation : Boehm’s COCOMO model, Putnam’s SLIM Model & Albrecht’s function model. view more..
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Ans: There are three such classes:
Process are collection of software related activities.
Products are any artifacts, deliverables or documents that result from a process activity view more..
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Ans: A direct measure is obtained by applying measurement rules directly to the phenomenon of interest.For example, by using the specified counting rules, a software program’s “Line of Code” can be measured directly. and sofware reliabity is .... view more..
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Ans: What Is Information Systems Analysis and Design?
Information systems analysis and design is a method used by companies ranging from IBM to PepsiCo to Sony to create and maintain information systems that perform basic business functions such as keeping track of customer names and addresses, processing orders, and paying employees. The main goal of systems analysis and design is to improve organizational systems, typically through applying software that can help employees accomplish key business tasks more easily and efficiently. As a systems analyst, you will be at the center of developing this software.
view more..
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Ans: concurrency of components, lack of a global clock and independent failures of
components and the ability to work well when the load or the number of
users increases – failure handling, concurrency of components, transparency and
providing quality of service view more..
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Ans: the wide range of applications in use today,
from relatively localized systems (as found, for example, in a car or aircraft) to globalscale systems involving millions of nodes, from data-centric services to processorintensive tasks, from systems built from very small and relatively primitive sensors to
those incorporating powerful computational elements, from embedded systems to ones
that support a sophisticated interactive user experience, and so on. view more..
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Ans: The task of a web search engine is to index the entire contents of the
World Wide Web, encompassing a wide range of information styles including web
pages, multimedia sources and (scanned) books view more..
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Ans: The growth of the World Wide Web as a repository of information and
knowledge; the development of web search engines such as Google
and Yahoo to search this vast repository view more..
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Ans: The engineering of MMOGs represents a major challenge for distributed systems
technologies, particularly because of the need for fast response times to preserve the user
experience of the game. view more..
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Ans: a very different style of underlying architecture from the styles mentioned above (for
example client-server), and such systems typically employ what is known as
distributed event-based systems. view more..
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Ans: the emergence of ubiquitous computing coupled with the desire to support user
mobility in distributed systems view more..
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Ans: The Internet is also a very large distributed system. It enables users, wherever they
are, to make use of services such as the World Wide Web, email and file transfer.
(Indeed, the Web is sometimes incorrectly equated with the Internet.) view more..
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