FEASIBILITY CONSIDERSTIONS There are mainly three considerations involved in feasibility analysis. 1.economic 2.technical 3.behavioral...
FEASIBILITY CONSIDERSTIONS
There are mainly three considerations involved in feasibility analysis.
1.economic
2.technical
3.behavioral
Economic feasibility
Economic analysis is the most frequently used method for evaluating the effectiveness of a candidate system. The procedure called cost/benefit analysis is used to determine the benefits and savings that are expected from a candidate system and compare them with cost. If benefits outweigh costs, then the decision is to made design and implement the system. Otherwise, further justification or alterations in the proposed system will have to be made if it is to have a chance of being approved.
Technical feasibility
Technical feasibility mainly deals with the existing computer system (i.e.: hardware, software, etc) and to what extent it can support the proposed system. For ex: if the current computer is operating at 80 percent capacity- then running another application could overload the system or require additional hardware. This involves financial considerations to accommodate technical enhancements.
Behavioral feasibility
This deals with the behavior of the user staff. An estimate should be made of how strong a reaction the user staff have toward the development of a computerized system. It is common knowledge that computer installations have something to do with turnover, transfers, retraining and changes in employee job status. Therefore, it is understandable that the introduction of a candidate system requires special effort to educate, sell and train the staff on new ways of conducting business.
There are mainly three considerations involved in feasibility analysis.
1.economic
2.technical
3.behavioral
Economic feasibility
Economic analysis is the most frequently used method for evaluating the effectiveness of a candidate system. The procedure called cost/benefit analysis is used to determine the benefits and savings that are expected from a candidate system and compare them with cost. If benefits outweigh costs, then the decision is to made design and implement the system. Otherwise, further justification or alterations in the proposed system will have to be made if it is to have a chance of being approved.
Technical feasibility
Technical feasibility mainly deals with the existing computer system (i.e.: hardware, software, etc) and to what extent it can support the proposed system. For ex: if the current computer is operating at 80 percent capacity- then running another application could overload the system or require additional hardware. This involves financial considerations to accommodate technical enhancements.
Behavioral feasibility
This deals with the behavior of the user staff. An estimate should be made of how strong a reaction the user staff have toward the development of a computerized system. It is common knowledge that computer installations have something to do with turnover, transfers, retraining and changes in employee job status. Therefore, it is understandable that the introduction of a candidate system requires special effort to educate, sell and train the staff on new ways of conducting business.