Feasibility Analysis

1. FEASIBILITY
ANALYSIS
SN SHARMA
MANIT BHOPAL

2. FEASIBILITY 01-02-2023
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• Measure of how beneficial or practical the
development of a project will be to society.
• Feasibility Analysis
 Process by which feasibility is measured
Continuing process of feasibility
assessment

3. TESTS OF FEASIBILITY 2/1/2023
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• Operational Feasibility
• Technical Feasibility
• Schedule Feasibility
• Economic Feasibility

4. TESTS OF FEASIBILITY 2/1/2023
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• Operational Feasibility
 How well will the solution work?
• Technical Feasibility
 How practical is the technical solution?
How available are technical resources and
expertise?

5. TESTS OF FEASIBILITY 2/1/2023
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• Schedule Feasibility
 How reasonable is the project timetable?
• Economic Feasibility
 How cost-effective is the project or
solution?
Cost-benefit analysis

6. ECONOMIC FEASIBILITY 2/1/2023
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• Cost-benefit analyses
How much will the system cost?
Development costs
Operation costs
Maintenance and support costs
Do we possess the necessary technology?
Do we possess the necessary technical
expertise?
Is the schedule reasonable?

7. BENEFIT ANALYSIS 2/1/2023
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•Benefit analyses
Tangible benefits can be easily quantified.
Measured in terms of monthly or annual
savings, or of profit to organization
Intangible benefits more difficult to
quantify.

8. BENEFIT ANALYSIS 2/1/2023
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Tangible Benefits
• Fewer processing errors
• Increased throughput
• Decreased response time
• Elimination of job steps
• Increased profit
•Reduced expenses
Intangible Benefits
• Improved customer goodwill
• Improved employee morale
• Better service to community
• Better decision-making

9. ECONOMIC FEASIBILITY 2/1/2023
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• Payback analysis
How long will it take to recover the costs
of this project?
Return on investment (ROI) analysis
Net present value analysis