FEASIBILITY STUDY

FEASIBILITY STUDY

2. FEASIBILITY STUDY
For any project the feasibility analysis is very important. The feasibility
analysis shows the developers all the aspects of the project and they can know that
whether the project is practically possible to develop worth limited resources and time.

STUDY

Other Documents:
Federal funding
requests, etc.

Requirements Definition,
General Design, Needs Assessment,
Prioritization

Project Management Methodology Process

Business Requirements & Needs

Technical Feasibility

The technical feasibility deals with the technology and the tools used to develop
the system. The requirement of the system when clearly known then a language
or tool which ever is selected must be capable of satisfying all the needs,
following are some points underlying the concept of technical feasibility.

The organization has a well-integrated MIS department with the technologies

which may satisfy all or almost all requirement of the current system the data
running in the application.

The proposed technology platform has the capacity to hold the interfaces and
also have the provision to include some of expected future requirement and
features.

For better operational situation the organization is constantly in touch with the
technical platform and updates the status of technology.

NARASARAOPETA ENGINEERING COLLEGE, NARASARAOPET-522 601.

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FEASIBILITY STUDY
Operational Feasibility
Any project or an application which is developed with a purpose to fulfill
can be beneficial only if it satisfies the organization requirements. In any MIS setup a
new system must not only be robust but also needs to work in tender with existing
system to the extent possible in order to reduce the work in the newer version of the
system. Following are some points underlying the concept of the operational feasibility.

The system was well supported by the management with the part in
development of the system.

The most important information regarding the requirements needed in the

system can be best achieved through conversation with the users of the system.
With this the developer can know about the exact problems which were faced
in the order system so that they can be eliminated from the new system.

The end user of the system in majority of cases is a non-technical person so the
application itself and interfaces such as GUI must be simple enough that the
application can be easily operated by any one by a brief reading of the user
manual.

If the new system and older one can go shoulder to shoulder with each other
still then a lot of trimming of the existing system is needed for the complete e
operational system.

In many cases some problems are experienced after some time of implementing
the system so a timely testing/ debugging is necessary for a completely
operational system.

The users were involved with system right from the start and were constantly in
touch with the development team and every modification was observed by them.

The proposed system makes a best effort to satisfy the requirement of the user,
keeping in mind certain infrastructural constraints.

Schedule Feasibility
Time feasibility is the critical factor in deciding the amount of the benefits
which the organization can get from the system. The system should be developed takes
too much time, by the time it comes in to the use.
Many new features in the technology may have come in to the market and
our system may take dated comparison with an application built with all these new
NARASARAOPETA ENGINEERING COLLEGE, NARASARAOPET-522 601.

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FEASIBILITY STUDY
features. So to get the maximum advantages from the system it should be developed
within deadlines and come in to use as early as possible.

Economic Feasibility
The cost involved in designing and developing a system should be a good
investment for the organization and the intangible returns which the company wick get
from. The system must be good enough that the investment be worthy. Before
developing a system the developer should give the estimate to the organization for the
cost of the system and also the benefits that the company will get. This will help the
management to see that the investment that are making is beneficial to them or not.
Some key points related to cost benefits are given below.

If the company decides to build the system then the cost is justified since the
MIS development is In-house.

The hardware and the software which were to be used in the application were
already available with the company so development cost can be reduced
significantly and it also increases the gain from the system.

If nothing was to be changed in the existing system then the cost would not
increase much but the performance of the system and the gain from the system
decreases day by day due to poor handling of the system.

If the system is developed well before the deadline and comes in to use at early
time then it may reduce the cost of the entire system development by a good
factor. So completing the system in/ before schedule reduces the cost of system
development.

NARASARAOPETA ENGINEERING COLLEGE, NARASARAOPET-522 601.

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