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To determine how well a given proposed information system

a) solves the problems with the current information system shown by the problem analysis

b) takes advantage of the opportunities pointed out in the Scope Definition

c) satisfies the system requirements from the requirements analysis phase

Also, with what is currently known about the problem itself and the estimated cost of the solution, determine if the problem is worth solving.

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12y ago

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What are some examples of internal operational audit objectives?

To Determine if: 1. Operational standards and procedures are formally established and adhered to. 2. Effeciency and productivity of staff and resources are maximzed. 3. Management of vendor contracts, system maintenance, and service level agreements are effective. 4. Organizational Management structure supports the business model.


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What are objectives of management audit?

The objectives of a management audit include assessing the efficiency and effectiveness of an organization's operations, ensuring compliance with policies and regulations, and identifying areas for improvement. It aims to evaluate the adequacy of internal controls and risk management processes. Additionally, the audit seeks to enhance decision-making by providing insights and recommendations to management for strategic planning and resource allocation. Ultimately, it helps in aligning organizational goals with operational performance.


Why does business might consider setting cash flow objectives?

Businesses set cash flow objectives to ensure they have enough liquidity to meet operational needs and obligations, such as paying suppliers and employees. By establishing clear cash flow goals, companies can better manage their finances, avoid potential cash shortages, and make informed investment decisions. Additionally, effective cash flow management can enhance stability, improve creditworthiness, and support strategic growth initiatives. Ultimately, these objectives help businesses maintain a healthy financial position and sustain long-term viability.

Related Questions

What are the four main criteria used to test the feasibility of a project?

The four main criteria used to test the feasibility of a project are technical feasibility, economic feasibility, legal feasibility, and operational feasibility. Technical feasibility assesses whether the project's technology and resources can achieve the desired outcomes. Economic feasibility evaluates the cost-effectiveness and financial viability of the project. Legal feasibility examines compliance with laws and regulations, while operational feasibility considers whether the organization can effectively implement and sustain the project within its existing operational framework.


Can you give me an example of operational feasibility?

No.


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The best way to identify feasibility study objectives is to determine what you are trying to learn from the study. If you want to know how many customers are possible from your location and business goals then you would structure your objectives around these goals.


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What is the general objectives of the feasibility study?

Feasibility is the study of whether or not a project is worth doing. The process followed in making this determination is called a feasibility study. The main objective of the feasibility study is to prepare 1) Project Specification 2) Cost Benefit Analysis 3) Prepare Feasibility Report. The project specification has all the information about the project which is more like a guideline for the project. It gives a great insight to the management about the kind of investment involved for undertaking a project along with the manpower, hardware, software and other factors. Cost Benefit analysis is a method to identify the gross benefit involved in the development and implementation of a new system. Basically, it tells the organization whether they are economically prepared for the project. Feasibility Report contains various feasibility studies like:- Technical Feasibility Economic Feasibility Operational Feasibility Social Feasibility Time Feasibility Management Feasibility And Legal Feasibility.


Is there any feasibility study on Microsoft access?

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An evaluation to determine whether the system is operationally acceptable. it also determines how the proposed system will fit with current operational system.


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Where can you find feasibility study?

The definition of a feasibility study is a test to see if a particular idea or machine works


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what are the objectives of autocad? i need it for my feasibility study. thank you