Planning Phase

Purpose

- To determine the need of developing a new information system in order to get the right information.

Activities

1) Review, approve and prioritize the project request

- System Analyst investigates current system to determine if the system is adequate or there is a need for new system

2) Allocate resources such as money, people, and equipment

- If there is need for new system then it will look into its feasibility, whether it is feasible form financial technical, social, and legal point of view. 

3) Form a project development team for each approved project

Why Planning Phase carried not well?

- Unrealistic goals

- No accountability

- Inability to change

- Not having right people involve

- Partial commitment

Feasibility Study

- An investigation by the system analyst to determine if the project should proceed. The feasibility of a project can be ascertained in terms of technical factor, economic factor or both. The feasibility study is documented with a report showing all the specification of the project. If the project is to proceed, the feasibility study will produce a project plan and budget estimates.

Picture Resource: https://www.projectcubicle.com/feasibility-study-in-project-management/

-Types of feasibility study

A) Economic Feasibility

B) Technical Feasibility

C) Operational Feasibility

D) Legal Feasibility

E) Scheduling Feasibility

Economic Feasibility

- Study about the projected benefits of the proposed system outweigh the estimated cost

- For example, you are going to build a development team for a project, so there are many factors that are considered in the economic feasibility study. So first, you need to think about the development team. For a development team, you must pay them salary and provide them development training and also consultant fees. For their comfort in the company, you need to provide them suitable office space and equipment and also vendor. For the software and hardware used, you must consider their license, fees and latest updates. Besides that, you also need to consider data conversion cost. Thus, these are the that are needed to consider in the economic feasibility study

Technical Feasibility

- Study that measures whether the company has or can obtain the hardware, software and people needed to deliver and then support the proposed information system

- For example, your company is planning to improve the current network infrastructure. You analyzed the new system and concluded that the new system can use the organization’s existing network infrastructure. For examples, project location, project size, familiarly with technology, number of people, time and features. This shows that a new system is technically feasible.

Operational Feasibility

- Measure how well the proposed information system will work

- For example, your company are going to do a project to build a new theme park for a client. Then you performed a study to determine how the theme park will operate in a way that is conducive to its inhabitants, parking, dining, human flow, accessibility. This can be an example of operational feasibility.

Legal Feasibility

-  Measure whether the proposed system violates the laws of the country or not

- For example, your company is planning to open a branch in a new region. According to the studies you recognize that the country does not allow an individual foreigner owning a property. So, you select the rental option instead of buying.

Scheduling Feasibility

- Measure at how long the system will take to develop or whether it can be done in a desired time-frame

- For example, an investor proposed a shop construction project to your company. However, he requested that the project will be completed in one year. The development team conducted a feasibility study based on the requirements to complete the project on time.

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