M1S3 Project Selection 🤷🏻♂️ 3 Flashcards
Submission of proposals to the selection committee. Identify which project is the most beneficial to the organization.
Preliminary Investigation
Carried out by systems analysts, working under the selection committee.
Preliminary Investigation
Scope of the Study for Preliminary Investigation
- Project Clarification
- Project Size Determination
- Cost-Benefit Analysis
- Feasibility Assessment
- Recommendations
Methods used in data gathering during the preliminary investigation
- Reviewing organization documents.
- Interviewing selected company personnel
Reviewing and Interviewing usually involves only______________ and _____________.
management and supervisory personnel
4Ms
Man
Money
Machineries/Materials
Methods
Testing the feasibility and likelihood that the system will be useful to the organization.
Testing Project Feasibility
Three Feasibility Studies
- Operational Feasibility
- Technical Feasibility
- Financial Feasibility
This feasibility test asks if the system will work when it is developed and installed.
Operational Feasibility
Financial Benefits must equal or exceed the costs
Financial and Economic Feasibility
In Financial and Economic Feasibility you are looking at what types of costs?
- Cost of Full Systems Investigation
- Cost of Hardware and Software
- Cost of Doing Nothing
It specifies if the hardware and software needed exist, New devices needed and maintenance needs
Technical Feasibility
Requests that do not pass feasibility tests are revised and resubmitted as new proposals.
Handling Infeasible Projects
Combine the workable part of the project with another feasible proposal.
Handling Infeasible Projects
Preliminary investigations produce information to suggestimprovements inmanagement and supervision as a solution, not a need for new information system
Handling Infeasible Projects
