Feasibility_1_1

Feasibility_1_1

1. Feasibility: the purpose of a fesibility study is to decide whether a sollution is possible or to decide whether the current system can be replaced/ worth replacing

2. Types of feasibility

   • Techiical Feasibility
     • Does the company have the technological resources to undertake the project?
   • Economic Feasibility
     • Given the financial resources of the company, is the project something that can be completed?
   • Legal feasibility
     • What are the legal implications of the project? What sort of ethical considerations are there?
   • resource feasibility
     • Do you have enough resources, what resources will be required, what facilities will be required for the project,
   • Environmental feasibility
     • What kind of land or property will be required to undertake the project? What is the market like?
   • cultural Feasbility
     • What will be the impact on both local and general cultures?
   • Marketing Feasibility
     • Will anyone want the product once its done? What is the target demographic? Should there be a test run

3. Methods of information collection

   • Questionnaire
   • observing people using the current system in operation
   • consult current documation
   • interview staff members