Flashcards

Feasibillity

kadebeadman Inglês 11 flashcards

Flashcards do conjunto (11)

1Financial Feasibility- Most organisations aim to make profit
- Any new system must either:
- make money or
- save money
- from a financial point of view, various things need considering
- A cost - benefit analysis is carried out
2Cost - benefit analysisPros and Cons
3Pro Increased productivity per hourCon
Software development or purchase
4Pro Savings in running costs (electricity/link)Con
Hardware purchase
5Pro Savings in staffing costs (redundancies)Con
Changes in accommodation
6Pro Cheaper annual software licensesCon
Installation of cabling and other equipment
7Pro Sales of existing accommodationCon
Hiring of new staff
8Sales of existing equipmentTraining of staff (including time not doing their normal)
- depends on type of new software and current expertise
- cost of changeover period
9Personnel Feasibility- This is intangible
- it is not possible to measure it financially
10Technical Feasibility-This is also intangible as it cannot be measured financially (however, it may have an effect on other costs)
- things to consider:
- will the existing data be compatible with the new software?
11Decision TimeOnce the feasibility study is complete, the organisation knows whether the project is:
- Financially feasible
- Technically feasible
- Personnel feasible

Descrição: FlashCards sobre Feasibillity , criado por kadebeadman em 17-12-2014.
Criado por: kadebeadman
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