Objectives: Introduction Over View of System Analysis and Design

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4.5 Summary
A feasibility study is conducted to select the best system that meets performance requirements. A system required performance is defined by statement of constraints, the identification of specific system objectives, and a description of outputs. The analyst is ready to evaluate the feasibility of the candidate systems to produce these outputs. Three key considerations are involved in feasibility analysis are economic, technical, and behavioural feasibility. Feasibility analysis involves eight steps
1. From a project team and appoint a project leader.
2. Prepare system flowcharts.
3. Enumerate potential candidate systems.
4. Describe and identify characteristics of candidate systems.
5. Determine and evaluate performance and cost effectiveness of each candidate system.
6. Weight system performance and cost data.
7. Select the best candidate system.
8. Prepare and report final project directive to management.

4.6 Questions
1. Elaborate System performance.
2. Explain economic, technical & behavioral feasibility.
3. Explain the importance of oral presentation.
4. Briefly discus the various steps in Feasibility Analysis.
5. What is the importance of feasibility study.

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5.0
Objectives:
5.1 Introduction
5.2 Data Analysis
5.3 Cost and Benefit Categories

5.4 Procedure for Cost Benefit Determination

5.5 Classifications of Costs and Benefits
5.5.1 Tangible or Intangible Costs and Benefits
5.5.2 Director Indirect Costs and Benefits
5.5.3 Fixed or Variable- Costs and Benefits

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