...Feasibility Study Name University of Phoenix System Analysis and Development CMGT/555 Instructor January 9, 2015 Feasibility Study A feasibility study is an essential part of any software development project. The feasibility study can, and should, help answer the question “Should we even attempt this project and why?” Completing an effective feasibility study can prevent unnecessary commitments of valuable company resources by determining the potential success rate of any project. This project, designing and implementing a bulletin board type forum for wireless technical support representatives, is no different and a proper feasibility study will determine whether this is a worthwhile, cost effective project. According to Tim Bryce from the Project Smart Company, a good feasibility study will address the following issues (Bryce, 2008): 1) Project Scope 2) Current Analysis 3) Requirements 4) Approach 5) Evaluation 6) Review The first section determines the scope of the project. This is where the current problem or improvement is clearly stated. A well-defined scope will keep the project on target and help prevent “scope creep” where the project loses sight of the intended goal. Stake-holders, end users, project participants, and the project owner or sponsor is also clearly stated in this section. The current analysis is an outline of how the process is done now. Without a clear outline and analysis of the current method, it is hard to...
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...Design CSC340 VII. The Feasibility Study What is a Feasibility Study? Feasibility Study? Types of Feasibility Cost/Benefit Analysis Risk Analysis Comparing Alternatives Information Acquisition Acquisition Feasibility Study Contents Contents Do it! 2004 Jaelson Castro and John Mylopoulos The Feasibility Study -- 1 Information Systems Analysis and Design CSC340 The Feasibility Study The objective of a feasibility study is to find out if an information system project can be done, and if so, how. A feasibility study should tell management: Whether the project can be done; What are alternative solutions? What are the criteria for choosing among them? Is there a preferred alternative? After a feasibility study, management makes a go/no-go decision. • A feasibility study is a • management-oriented activity 2004 Jaelson Castro and John Mylopoulos The Feasibility Study -- 2 Page ‹#› Information Systems Analysis and Design CSC340 Dimensions of Feasibility Operational -- how will the solution work? Technical -- is the technology needed available? Economic -- return on investment Schedule -- can the system be delivered on time? Constraints may be hard or soft 2004 Jaelson Castro and John Mylopoulos The Feasibility Study -- 3 Information Systems Analysis and Design CSC340 Economic Feasibility The bottom line for many projects! Economic feasibility amounts to judging whether possible benefits of the project are worthwhile. As soon as a specific solution has been identified...
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...Information Systems Analysis and Design CSC340 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 CSC340 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 CSC340 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...
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...EXECUTIVE SUMMARY Executive Summary stated the problem analyzed in the feasibility study and the company objectives supported by the study. This also includes the expected cost and benefits, anticipated risk that the company may encounter and the scope and limitations of the study. Statement of the Problem Each aspect would have several problems to determine the feasibility of the study. For Marketing aspect, the problem would be the form of strategies to be used to execute the feasibility study. The problem for technical aspect, would be the steps in production, operation and purchasing process. For management aspect, is how the company personnel deal with their task. The cost and projected sales of the product would be the problem for financial aspect, and the environmental implications of the study for socio-economic aspect. Objectives of the Study The main objective of the study is to solve the several problem of each aspect: To identify the strategies applicable in execution of the feasibility study. To determine the steps in production, operation and purchasing process. To determine how the company personnel deal with their task effectively. To know the cost and projected sales of the product and to site environmental implications of the study. Expected Cost and Benefits The business capital is Php 10,000.00, where the proponents assumed that this capital will be easily return in just a short period of time through good cash management. Through this proposed business...
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...Progress report Introduction This report is my first progress report and I will briefly discuss and explain my assignments, task, projects and achievements that I am involved in during my coop period at Rashed Abdul Rahman Al-Rashed & Sons Company at HRIS department from the first to the eighth week. Here is the list of topics that I will be discussing in this report: 1- SQL Server 2- OFOQ ERP System (Time Management) 3- Project SQL Server From the first day of my coop, my supervisor gave me an SQL database and a Microsoft SQL course CD to practice SQL. It took me a week to refresh and to get back on the right path. Moreover, he also gave me a documentation that has all of the information about the joins between the tables, so I can fully understand how to generate meaningful reports to the management. The next two weeks were about maintaining the database and how to perform a periodical database backup as figure 1 illustrates. Figure [ 1 ] SQL Backup Job OFOQ Human Resource System (Time Management) The company have two ways to record the employee’s attendance. First, by using the gates that are near the elevators. Second, by using the finger scanner. Both ways have two distinct servers to record the attendance. I was fortunate enough to take charge of extracting the log files of attendance from both servers and then upload them to the HR system as a daily task Figure2. Sometimes, the employees forget to login in or logout and the system does not...
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...Developing Business/IT Solutions Systems Analysis and Design (SAD) • Overall process by which IS are designed and implemented within organizations • The process of completing an IS project is known as systems analysis and design (SAD). • Any SAD project involves four essential ingredients: – People - Methodology - Management - Tools • Two most common approaches to Systems Analysis and Design ← Object-oriented analysis and design ← Systems Development Life Cycle Systems Development Lifecycle (SDLC) [pic] [pic] Systems Investigation Stage The Investigation Phase begins the preliminary study of the proposed information system solution to meet the e-business needs. Its focus is to seek to answer the questions: What are our opportunities? What are our business priorities? How can information technologies provide information systems solutions that can be used to address theses needs? Because the process of application development can be costly both in time and resources, the system investigation phase begins with a Feasibility Study. The goal of feasibility studies is to evaluate alternative systems and to propose the most feasible and desirable systems. Feasibility is assessed across four major categories: [pic] Organizational Feasibility: This focuses on how well a proposed information system supports the objectives of the organization. – Specific features...
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...Chapter 01 1.1 Introduction of Project Management Although project management history starts further back in latter 19th century modern project management began in the early 1960s. The need of the project management increased with the development of business around projects and to communicate and co-ordinate work across departments and people. According to the PMBOK (2008) project defines as "temporary endeavour undertaken to create a unique product or service.Temparary means that every project has a definite end. Unique means that the product or service is different in some distinguishing way from all similar product or service." PMBOK (2004) analyse project management as “the application of knowledge, skills, tools and techniques to project activities in order to meet stakeholder’s needs and expectations from a project." Where, Grham (1985) identified project management as "a set of people and other resources temporarily assembled to reach a specified objective, normally with a fixed budget and with a fixed time period. Projects are generally associated with products or procedures that are being done for the time or with known procedures that are being altered." These two definitions clearly show the difference of identifying the project management in time to time. Success or failure of the project can influence by project manager. He integrates and co-ordinates and guides them to successfully complete the project. Below are some desirable project manager attributes...
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...PROJECT FEASIBILITY DOCUMENT |Project name |insert project name | |Release |Draft/Final | | |Date: | |Author: | | |Project | | |Director: | | |Project | | |Champion: | | |Accountable | | |Body: | | |Executive Summary ...
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...assignment is to: • Gain a better understanding of project management. • Understand why project management is needed and how it differs from other forms of management. • Identify the relevance of project management to the business and academic world of management. • Identify the role of a project manager. • Identify the purpose or relevance of a feasibility study in the project environment. • Identify all the stakeholders and identify their needs and expectations. Project management is seen as a rather modern discipline, however many of the greatest monuments in the world, e.g. Pyramids, Taj Mahal etc, could not have been formed without some form of project management. The art and science of project management has been used in many ways although it was not until the 20th century that businesses began to see the relevance and importance of this discipline. Its role in business began as external to the organisation, however in recent years more and more organisations have begun to use project management internally. Project management has become a vital part of many businesses and it is used in many different fields of study, from engineering, programming or IT development, research and development, product development, marketing etc. The aim of this assignment is to see how project management is defined, how it applies to the telecommunications business and how project managers and organisations can use project management to ensure stakeholders’ expectations are met. ...
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...fulfilled depending on the company but the key purpose is the same and it should always be structured and organised. | | The systems analyst has a couple of main drivers which keep them going, the biggest of these is the desire to make profit(Of course this is a business and so it will likely always be top priority to make money).Another thing that drives the business is the need for growth, this can be linked with profit also as when a company grows they will get more custom, which then results in more money coming into the business.To do this the systems analyst must interact with the business to find out exactly how their current system works through acts such as interviewing workers that are using the current system and presenting them with questionnaires to fill in or shadowing the employees over a period of time, there are many ways in which a systems analyst can gather the information needed. Once they know how the current system works they can get information from workers on what they need/would like the system to do that it either does not do currently or does not do very well. They can then communicate with those higher up in the business and suggest solutions for their system based on their findings.They also can explain what it is possible for them to do as if those in the business are not technically minded they may have ideas that are impossible to implement and so the systems analyst would look at the feasibility of all the solutions and pick the one that is the...
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...to determine whether or not the planned investment idea is feasible. The feasibility of an investment has to be considered with respect to several different aspects in order to determine whether the investment should be realized or not. Carrying out a feasibility analysis is therefore one of the most critical steps in the decision-making process. A feasibility analysis is an effective analytical tool that can be used to evaluate investments from various perspectives, e.g. technical, social, legal, financial, market, and organizational. Financial feasibility is often a predominant factor in feasibility analysis, as most investments are not realized if they do not generate profit for the project owners. The focus of this thesis is on financial feasibility analysis and its application in the decision-making process. Precision and reliability of feasibility analysis relies on the accuracy of information used in the analysis. The appropriate level of detail has to be decided with respect to what stage the investment is on. On early stages the level of uncertainty is often high, but as the investment opportunity evolves information become more detailed and reliable. As uncertainty can highly affect the results of the analysis, the level of detail has to be taken into account when basing decisions on the results. To assess the feasibility of investments relevant criteria have to be chosen. Feasibility calculations need to be done with care and the complexity of the calculations...
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...presentation. It uses the NAF [Novelty, Attractiveness & Feasibility study] approach to assess the ideas presented in the presentation. I chose the approach because it is simple to use and strategic in the idea selection process. Each idea presented in the essay should be scored 1-10 for the following three aspects: 1. Novelty – it concerns how novel the idea is and the degree of novelty determines its creativity 2. Attractiveness – it ascertains the attractiveness of the idea. For instance, does it absolutely solve the existing problem? Or is it just a fractional solution. 3. Feasibility/Practicability – how feasible is the idea in being put into practice? Is it really feasible? (Bradac & Rebernik, n.d., p 44) Part One Part one of the essay presents the idea social programs and diverse activities. In this part, I will evaluate two concepts, first the social program and the CATWOE analysis approach using the model. Social Programs According to Laughlin (2011, p 22), the return of corporate benefits to the community is one of the most important policies of Samsung. For purposes of sustaining these social welfare programs, the company normally requires its employees to voluntarily participate in these programs. I will carry out an analysis of the social welfare as presented in the essay as one of the critical ideas. At first, I will try and identify some of its novelty, attractiveness, and feasibility. Novelty As highlighted in the essay, the social...
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...ABSTRACT: Cloud computing has been envisioned as the de-facto solution to the rising storage costs of IT Enterprises. With the high costs of data storage devices as well as the rapid rate at which data is being generated it proves costly for enterprises or individual users to frequently update their hardware. Apart from reduction in storage costs data outsourcing to the cloud also helps in reducing the maintenance. Cloud storage moves the user’s data to large data centers, which are remotely located, on which user does not have any control. However, this unique feature of the cloud poses many new security challenges which need to be clearly understood and resolved. We provide a scheme which gives a proof of data integrity in the cloud which the customer can employ to check the correctness of his data in the cloud. This proof can be agreed upon by both the cloud and the customer and can be incorporated in the Service level agreement (SLA). PROJECT PURPOSE: Purpose of developing proofs for data possession at untrusted cloud storage servers we are often limited by the resources at the cloud server as well as at the client. Given that the data sizes are large and are stored at remote servers, accessing the entire file can be expensive in I/O costs to the storage server. Also transmitting the file across the network to the client can consume heavy bandwidths. Since growth in storage capacity has far outpaced the growth in data access as well as network bandwidth, accessing and...
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...Below To Buy: http://hwcampus.com/shop/bis-261-week-1-ilab/ Please you only accept the assignment if you can do in 4 hours and 30 mnts STEP 1: Review background information Review the case study on Acme Medical Data Storage LLC, given in the Scenario/Summary section above, paying careful attention to the characteristics of the company and its IS projects. NOTE: This is an individual, not a team, iLab. In your review, make notes specifying how you would rate the following characteristics of the company and project. These notes will not be turned in, but you will use them in conducting your analysis in Step 2 and preparing your memo in Step 3. 1. Is theproject technologyextremely stable, moderately stable, or experimental? 2. At the start of the project, are theproject requirementswell known, partially known, or mostly unknown (i.e., experimental)? 3. Is theproject domainheavily regulated, moderately regulated, or lightly regulated by government or other outside agencies? 4. Is thesize of the organizationlarge, mid-sized, or small? 5. Is theorganizational culturebureaucratic, mixed, or entrepreneurial? 6. Is theorganization's competitive environmentslow-paced, moderately paced, or fast-paced? STEP 2: Analyze SDLC suitability Based on the information given in the case study, analyze the suitability of a specific Software Development Life Cycle (SDLC) model for Acme Medical Data Storage LLC: • If the last digit of your DSI Number is 0, 1, 2, or 3, use theWaterfall...
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...Introduction System Introduction For optimal sales and inventory management processes, you need robust functionality for managing your logistics facilities. Support for inventory management helps you record and track materials on the basis of both quantity and value. Warehouse inventory management functions cover internal warehouse movements and storage. Using this software we can reduce costs for warehousing, transportation, order fulfillment, and material handling – while improving customer service. You can significantly improve inventory turns, optimize the flow of goods, and shorten routes within your warehouse or distribution center. Additional benefits of inventory management include improved cash flow, visibility, and decision making. This software is user friendly and hence easy to use. Employees can plan, enter, and document warehouse and internal stock movements by managing goods receipts, goods issues, storage, picking and packing, physical stock transfers, and transfer postings. Problems In existing system As we know manual system are quite tedious ,time consuming and less efficient and accurate in comparison to the computerized system. So following are some disadvantages of the old system: 1. Time consuming 2. Less accurate 3. Less efficient 4. Lot of paper work 5. Slow data processing 6. Not user friendly environment 7. Difficult to keep old records Scope of Proposed...
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