FEASIBILITY STUDY

A feasibility study is carried out to select the best system that meets performance
requirements.
Feasibility is the determination of whether or not a project is worth doing. The process followed
in making this determination is called a feasibility study. This type of study determines if a
project can and should be taken.
Since the feasibility study may lead to the commitment of large resources, it becomes
necessary that it should be conducted competently and that no fundamental errors of judgment
are made.
Depending on the results of the initial investigation, the survey is expanded to a more
detailed feasibility study. Feasibility study is a test of system proposal according to its
workability, impact on the organization, ability to meet user needs, and effective use of
resources.
The objective of the feasibility study is not to solve the problem but to acquire a sense of
its scope . During the study, the problem definition is crystallized and aspects of the problem to
be included in the system are determined.
Consequently, costs and benefits are described with greater accuracy at this stage.
It consists of the following:
1. Statement of the problem: A carefully worded statement of the problem that led to analysis.
2. Summary of finding and recommendations: A list of the major findings and
recommendations of the study. It is ideal for the user who requires quick access to the results of
the analysis of the system under study. Conclusion are stated , followed by a list of the
recommendation and a justification for them .
3. Details of findings : An outline of the methods and procedures under-taken by the existing
system, followed by coverage of the objectives and procedures of the candidate system. Included
are also discussions of output reports, file structures, and costs and benefits of the candidate
system.
4. Recommendations and conclusions: Specific recommendations regarding the candidate
system, including personnel assignments, costs, project schedules, and target dates.
Three key considerations are involved in the feasibility analysis these are

1.

Operational Feasibility

2.

Technical Feasibility

3.

Behavioral Feasibility

4.1.1 Operational Feasibility:

Operational analysis is the most frequently used method for evaluating the effectiveness of a
system. More commonly known as cost/ benefit analysis, the procedure is to determine the
benefits and savings that are expected from a system and compare them with cost.
Earlier in Computer Craft the work has been done manually which takes lot of time as
well as man power which is more economical. Now the same work is computerized which is
more effective and efficient, less time consuming, reduces man power which in turn proves to be
less economical.
4.1.2 Technical Feasibility:
Technical Feasibility centers around the existing computer system (hardware/ software) and also
it can support the modification.
In manual processing there are more chance of errors are there, creating lot of
complications, less technical or logical.
Through proposed system we can set this process in a very systematic pattern, which is
more technical, full proof, authentic, safe and reliable.
4.1.3 Behavior Feasibility:
Our proposed system works to minimize the human errors, take less time, easy interaction with
user, bug free.
This project/software is further expanded by connecting various interrelated departments and by
installing an extension part of this software.
System level goals and requirements.
Cost estimation for development process and work product.
Solution strategy development.
Outlines of the several solutions strategies.

 Recommendation of solutions strategy.

Feasibility and study of each strategy.

Technical feasibility looks at the system in point of view, is the system practical, do we have the
technical support, that we could maintain the system, and is it reasonable? In case of my system,
answers of these questions are:

Practicality: Normally all provided solutions are available in market. Now the question is, wither
the technology is mature enough to solve our problem. In this case, Ill say, this system
determined to design in a way, that could solve maximum problems of POS. In this way, Ill say,
this system is practical for any POS.
Current Technology:In case of current technology, that will need to run the system is a Pentium
IV PC for Server, Pentium III PCs for client and any printer that could print A4 size paper. And
all of this are available in market.
Reasonability: All hardwares and PCs must be reasonable to the company who is running a
POS. The cost of POS System is also reasonable. A lots of un-employed people are available
and people who want a part-time / full-time job. So where everything that needs to run the
system is reasonable we could say, the system is reasonable.
All answers are found positive hear, so we could say, the system is Technically feasible.
Economical feasibility is a measure of the cost-effectiveness of a project or solution.
System cost can be defined in earlier stages of system development. Though this is a general
system, a cost plane is identified. The cost plan is divided in two phase:
Cost of development;
Cost of using the system;
Cost of Development: In cost of development, programmers, analyst other peoples salary who
are related in development. Again costs of computer, hardware, testing, training etc are involved.
But system development cost is just onetime cost, which will not recur after the project has been
developed.
Cost of using the system: Cost of using the system is pre defined and in some times its depends
on user. Cost of using a system can be divided in two ways. Fixed cost and variable cost.
Fixed cost: Software purchase cost & license cost are fixed.

- Salaries of system operation are fixed, but it depends on client software also.
Variable cost: Variable costs are:
- Cost of computer use
- Suppliers e.g. printer, paper, magnetic tapes, floppy disks.
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FEASIBILITY STUDY
Feasibility study is to check the viability of the project under consideration.
Theoretically various types of feasibilities are conducted, but we have
conducted three type of feasibilities explained as under.
ECONOMIC FEASIBILITY
With the manual system the operating cost of the system is about 60 Lacks
P.A.. This cost comprises salary of 25 people, stationary, building rent,
electricity, water, telephone etc. But with the new system this reoccurring
cost comes out to be about 20 Lacks P.A. Hence the new system is
economically feasible.
TECHNICAL FEASIBILITY
The new system requires only 6 trained person to work with the system and
in overall 10 people per office are sufficient. So we will identify 6 best people
from existing system and train them.
As our existing system is purely manual, so we need a one time investment
of Rs 4 Laks for the purchase of 7 computers, 5 Ticket printers, a laser
printer, AC and networking etc. It requires 20 Lacks PA as a operating cost.
With the above details our system is technically feasible as after investing 24
Lacks in a year, the company is still saving Rs 25 Lacks PA.
OPERATIONAL FEASIBILITY
The new solution is feasible in all sence but operationally it is not. The new
system demands the expulsion of at least 15 people from the company. It
creates an environment of joblessness and fear among the employees. It can
lead to an indefinite strike in the company also. So the management must
take corrective actions prior in advance in order to start the further
proceedings.