ISCG-7142 Information System and Analysis

Added on -2020-02-18

| ISCG7142| 19 pages| 4642 words| 48 views

Trusted by 2+ million users,
1000+ happy students everyday

Showing pages 1 to 4 of 19 pages

Running head: INFORMATION SYSTEM AND ANALYSIS
INFORMATION SYSTEM AND ANALYSIS
Name of the Student:
Name of the University:
Author note:
1INFORMATION SYSTEM AND ANALYSIS
Table of Contents
Task 1...............................................................................................................................................3
Feasibility Study..........................................................................................................................3
Set of Criteria...............................................................................................................................4
SDLC...........................................................................................................................................5
Task 2...............................................................................................................................................7
Executive Summary.....................................................................................................................7
Discussion....................................................................................................................................8
References......................................................................................................................................16
2INFORMATION SYSTEM AND ANALYSIS
Task 1
Feasibility Study
A feasibility study can be said as the analysis of successful nature of a project. It
generally affects certain factors like economic, technology, legal and scheduling. A project
report is generally used to determine positive and negative output of a project before
giving a good of amount of time and money to it. A feasibility study checks the energy of
an idea, or a project. The ultimate goal behind studying feasibility is to judge on the
potential problems that can occur in a project. It helps in checking all the significant
factors that should be checked before pursuing a project. Feasibility study allow
companies to check all the necessary information before establishing a new business
(Balaji & Murugaiyan, 2012).
The components of feasibility study are Description, market feasibility, technical
feasibility, financial feasibility, organizational feasibility.
Description: This mainly checks a brief layout of the business, the various product and
service that can be offered and how they will be delivered to the consumer.
Market feasibility: It mainly describe the current and market potential, competition,
sales estimation and prospective buyers of a industry.
Financial feasibility: It mainly checks the amount of money needed for start up
business. It also checks the various capitals that can be used for the establishment of
business and type of return expected from it.
Organizational feasibility: It can be define as the corporate and legal structure of
business and this may contain information about its founder and their background of
3INFORMATION SYSTEM AND ANALYSIS
their profession. It also seeks the skills needed for proper functioning of the firm (Duan et al .,
2012).
Set of Criteria
The six basic parts of feasibility study are project scope, current analysis, Requirements,
approach, evaluation and review.
Project scope: This particular part is mainly used for business problem and various
opportunities that must be addressed. The project should be concise and according to point. It
is also important for defining various parts of business directly and indirectly containing
project members and users.
Current analysis mainly helps in implementation of current technique of working
of a system, product. By the help of this particular analysis one can get a proper idea
about current system or product. It also helps in getting clear view about pros and cons
of a system. With the help on this analysis, certain elements of product and current system can
be discovered which can save both money and time (Bekele & Tadesse, 2012).
Requirement: This totally depends on working model of a project; it varies from product
to product. Requirement analysis of a bridge will obliviously differ from that of a
information system.
Approach: It represents recommendation for various solution and actions for
satisfying the requirements. Use of various structure and commercial alternatives are needed
to be taken in account.
Evaluation: This particularly helps in analysis of a selected approach. In this step, the
total cost of the projects is analyzed. It helps in estimation of labour cost and other expenses
for project scheduling which informs the project path and it start and end dates.

Found this document preview useful?

You are reading a preview
Upload your documents to download
or
Become a Desklib member to get accesss

Premium

$45

Q&A Library Access

Chat support

12

Document Unlocks

4

Answer Unlocks

Students who viewed this