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M3S1 Feasibility Study Flashcards

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1
Q

phase that results in the completion of various activities:

  1. An initial investigation.
  2. Recognition of need.
  3. Determination of user requirements.
  4. Verification of objectives, constraints, required outputs & required inputs
A

Project selection

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2
Q

Identification, description & evaluation of the candidate system, and finally selection of the best system for the job.

A

Feasibility Study

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3
Q

Carried out to select the best system that meets performance requirements.

A

Feasibility Study

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4
Q

Recommends the most effective system to the management.

A

Feasibility Study

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5
Q

Ensures that the business will benefit: operational, technical and financial benefits

A

Feasibility Study

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6
Q

Describes the expected performance of a candidate system

A

System Performance Definition

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7
Q

Contains a detailed description of the system’s output in a user-acceptable format

A

System Performance Definition

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8
Q

Three Steps of System Performance Definition

A
  1. Statement of constraints.
  2. Identification of specific system objectives.
  3. Description of outputs.
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8
Q

States the system’s benefits and then translates them into measurable objectives

A

Identification of Specific System Objectives

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8
Q

A description of the factors that limit the solution of the problem that has a bearing on the required performance of a candidate system.

A

Statement of Constraints

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8
Q

Different Constraints

A

Time Constraints
Budget Constraints
User Constraints
Compliance/Regulatory Constraints
Technical Constraints

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9
Q

factors that limit the solution of the problem

A

Constraints

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10
Q

Where specific goals meet specific benefits

A

Identification of Specific System Objectives

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11
Q

The result of the fact-finding phase of the initial investigation is revealed in the _________.

A

Statement of Constraints

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12
Q

Once the constraints are spelled out, the analyst proceeds to the ______________________

A

Identification of Specific System Objectives

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12
Q

Objectives has to be SMART and quantifiable, with numbers and percentages

A

Identification of Specific System Objectives

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13
Q

Derived from the general objectives specified in the project directive at the end of the initial investigation.

A

Identification of Specific System Objectives

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14
Q

A final step in system performance definition is _________________________

A

describing the output required by the user.

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15
Q

Describing the output required by the user.

A

Description of Outputs

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16
Q

Where you produce tangibles and deliverables

A

Description of Outputs

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17
Q

Tangibles and Deliverables to Evaluate the Feasibility of Candidate Systems

A

Performance Metrics Report
Error Reduction Report
User Feedback Survey Results
System Load Test Results
Compliance Certification

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18
Q

A detailed report showing the improvement in registration times, system uptime, and peak load handling capabilities.

A

Performance Metrics Report

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19
Q

Surveys to measure user satisfaction rate with the new system interface and overall experience.

A

User Feedback Survey Results

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20
Q

Documentation and analysis showing the reduction in data entry errors before and after the system enhancements.

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A

Error Reduction Report

21
Evidence and documentation proving the system’s compliance with relevant data privacy regulations.
Compliance Certification
22
Reports from simulated peak load tests demonstrating the system’s ability to handle increased traffic without performance issues.
System Load Test Results
23
Three Feasibility Considerations
Economic Analysis/ Economic Feasibility Technical Feasibility Behavioral Feasibility
24
The most frequently used method for evaluating the effectiveness of a candidate system.
Economic Analysis/ Economic Feasibility
25
Commonly known as cost/benefit analysis.
Economic Analysis/ Economic Feasibility
26
To what extent existing computer system can support the proposed addition.
Technical Feasibility
27
All about the existing computer system (hardware, software, etc.)
Technical Feasibility
28
People tend to resist change, while computers can facilitate it.
Behavioral Feasibility
28
How people will react to change, particularly when introducing a computerized system.
Behavioral Feasibility
29
8 Steps in Feasibility Analysis
1. Form a project team and appoint a project leader. 2. Prepare system flowcharts. 3. Enumerate potential candidate systems. 4. Describe and identify characteristics of candidate systems. 5. Determine and evaluate the performance and cost-effectiveness of each candidate system. 6. Weight system performance and cost data. 7. Select the best candidate system. 8. Prepare and report the final project directive to management
30
The concept behind a project team is that future system users should be involved in its design and implementation;
Form a project team and appoint a project leader.
31
More complex studies require a _____________
project team
31
For small projects, the________ and an_________ usually suffice
analyst and assistant
31
Their knowledge and experience in the operations area are essential to the success of the system.
Form a project team and appoint a project leader.
32
Professionals with enough collective expertise to devise a solution to the problem
analysts and user staff
33
project team consist of
analysts user staff outside consultant information specialist
34
prepare generalized system flowcharts for the system.
Prepare system flowcharts
35
Information–oriented charts and data flow diagrams prepared in the initial investigation are also reviewed at this time.
Prepare system flowcharts
36
identifies the candidate systems that are capable of producing the outputs included in the generalized flowcharts.
Enumerate potential Candidate System
37
This requires a transformation from logical to physical system models;
Enumerate potential Candidate System
38
Another aspect of this step is consideration of the hardware that can handle the total system requirements;
Enumerate potential Candidate System
39
An important aspect of hardware is __________ and ____________.
processing and main memory.
40
The project team may contact vendors for information on the processing capabilities of the system available;
Enumerate potential Candidate System
41
Technical knowledge and expertise in the hardware/software area are critical for determining what each candidate system can and cannot do.
Describe and Identify Characteristics of Candidate System
42
In some cases, the performance and cost data for each candidate system will show which system is the best choice. This outcome terminates the feasibility study;
Weight System Performance and Cost Data
43
Seven Steps in Feasibility Analysis
Cover Letter Table of Contents Overview Detailed Findings Economic Justification Recommendations and Conclusions Appendixes
43
The system with the highest total score is judged the best system.
Select the Best Candidate System
44
The culmination of the feasibility study directed to management;
Feasibility Report
45
Introduces the report and summarizes findings and recommendations.
**Cover Letter**
46
Lists locations of report sections.
**Table of Contents**
47
Explains the project's purpose, scope, and involved departments.
**Overview**
48
Describes current methods, system efficiency, and costs.
**Detailed Findings**
49
Compares costs and estimates ROI.
**Economic Justification**
50
Suggests the best system and includes conclusions.
**Recommendations and Conclusions**:
51
Contains all investigation memos and data for reference.
**Appendixes**

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