Chapter 3 : Feasibility Report - SAKET-SK/Online-Electronic-Store-Project GitHub Wiki

Preliminary investigation examines project feasibility, the likelihood that the system will be useful to the organization. The main objective of the feasibility study is to test the Technical, operational, and economic feasibility for adding new modules and debugging old running system. All system is feasible if there are unlimited resources and infinite time. There are aspects in the feasibility study portion of the preliminary investigation:

  • Technical Feasibility
  • Operation Feasibility
  • Economical Feasibility

Technical Feasibility

The technical issues usually raised during the feasibility stage of the investigation include the following:

  • Does the necessary technology exist to do what is suggested?
  • Does the proposed equipment have the technical capacity to hold the data required to use the new system?
  • Will the proposed system provide adequate response to inquiries, regardless of the number or location of users?
  • Can the system be upgraded if developed?
  • Are there technical guarantees of accuracy, reliability, ease of access, and data security?

Operational Feasibility

Proposed projects are beneficial only if they can be turned into an information system. That will meet the organization’s operating requirements. Operational feasibility aspects of the project are to be taken as an important part of the project implementation. Some of the important issues raised are to test the operational feasibility of a project, including the following: -

  • Is there sufficient support for the management from the users?
  • Will the system be used and work properly if it is being developed and implemented?
  • Will there be any resistance from the user that will undermine the possible application benefits?

Economical Feasibility

A system can be developed technically, and that will be used if installed must still be a good investment for the organization. In the economic feasibility, the development cost in creating the system is evaluated against the ultimate benefit derived from the new system. Financial benefits must equal or exceed the costs.

The system is economically feasible. It does not require any additional hardware or software. Since the interface for this system is developed using the existing resources and technologies available at NIC, there is nominal expenditure and economical feasibility for certain.