What considerations are involved in feasibility study in system analysis and design which consideration do you think most crucial and why?

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.

What best characterizes the factors involved in cost befit in analysis?

There are both monetary and non-monetary considerations that must be taken into account.

Aspects of feasibility studies?

An example of feasibility studies is visiting a place where you want to set a business to gauge the market demand. Feasibility studies will look at the practical risks involved in a business venture.

Phases of feasibility study?

There are four phases that are involved in feasibility study. They are preparation, interview/ focus group, full report preparation and report presentation.

What are the key considerations in cost vs benefit economics when evaluating the feasibility of a new project?

When evaluating the feasibility of a new project, key considerations in cost vs benefit economics include analyzing the potential costs involved in implementing the project against the expected benefits or returns it will generate. It is important to assess whether the benefits outweigh the costs and if the project is financially viable in the long run. Other factors to consider include the time frame for realizing returns, potential risks, and the overall impact on the organization's financial health.

What is feasibility management?

The management feasibility is study that concerns the organizational set-up of the business, which is includes the organizational chart and the qualifications of the people involved and manage the business. It also determines the type of business ownership.

Write a feasibility report of any business of your choice and discuss all the step involved in feasibility plan?

You need to talk about what it is possible to do with the business. Set out goals and deadlines to help the process along.

Detailed explanantion of each step involved in job analysis?

detailed explanation of each step involved in job analysis?

Prepare a feasibility study of cocoa production?

To prepare for a feasibility study of cocoa production, first come up with the most suitable idea for the project. Identify the need of this project, how, who, and where to produce, as well as costs involved.

Explain all the inter-related types of feasibility studies?

What are the Types of Feasibility StudiesThere are many different types of feasibility studies; here is a list of some of the most common:Technical Feasibility - does the company have the technological resources to undertake the project? Are the processes and procedures conducive to project success?Schedule Feasibility - does the company currently have the time resources to undertake the project? Is the project completable in the available time?Economic Feasibility - given the financial resources of the company, is the project something that can be completed? The economic feasibility study is more commonly called the cost/benefit analysis.Cultural Feasibility - what will the impact on both local and general cultures be? What sort of environmental implications does the feasibility study have?Legal/Ethical Feasibility - what are the legal implications of the project? What sort of ethical considerations are there? You need to make sure that any project undertaken will meet all legal and ethical requirements before the project is on the table.Resource Feasibility - do you have enough resources, what resources will be required, what facilities will be required for the project, etc.Operational Feasibility - this measures how well your company will be able to solve problems and take advantage of opportunities that are presented during the course of the projectMarketing Feasibility - will anyone want the product once its done? What is the target demographic? Should there be a test run? Is there enough buzz that can be created for the product?Real Estate Feasibility - what kind of land or property will be required to undertake the project? What is the market like? What are the zoning laws? How will the business impact the area?Comprehensive Feasibility - this takes a look at the various aspects involved in the project - marketing, real estate, cultural, economic, etc. When undertaking a new business venture, this is the most common type of feasibility study performed.Arun Agrawal9456261654

Is the pons involved in sensory analysis?

Yes

Key considerations involved in planning and conducting multinational operations are affected by .?

Values and motives