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ALISON: Diploma in Project Management


Comments about The planning phase - Feasibility study question 1

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- Module: The planning phase
- Topic: Feasibility study question 1

Latest Comments

  • Md Shohel Mahmud Bangladesh Creating system is not as easy as it sounds, but even though it is not, it is necessary to create the system and to achieve the objectives.
    2014-11-16 07:11:41

  • Cyrus Wanjohi Kenya there is need to a system that should achieve what is intended.
    2014-11-16 06:11:03

  • Janvier Nyandamu Rwanda Are there some cases where a system should not be created, and pass from that idea to another?
    2014-11-08 11:11:13

    • Cyrus Wanjohi Kenya The first question that needs to be asked - Can the system be created? - seems like a rather obvious question. It is not as clear as it might seem. Often, when a system is being developed specifically for an organisation, there will be no existing system on which to base comparisons on. It may be that what seems like a simple idea cannot be created for whatever reason. While this step does not look in exacting detail, it will look at what the system is required to do, and if this should be able to be achieved.
      2014-11-16 07:11:48
  • Caroline Omoro Kenya while in most cases, the systems created are organization specific,cant a standard system be identified and used across the board?
    2014-11-07 11:11:17

  • Caroline Omoro Kenya there is need to a system that should achieve what is intended.
    2014-11-07 11:11:07

  • Nothando Gumpo United Kingdom The first question that needs to be asked - Can the system be created? - seems like a rather obvious question. It is not as clear as it might seem. Often, when a system is being developed specifically for an organisation, there will be no existing system on which to base comparisons on. It may be that what seems like a simple idea cannot be created for whatever reason. While this step does not look in exacting detail, it will look at what the system is required to do, and if this should be able to be achieved.
    2014-11-06 09:11:35

  • Aggrey Kegome Kenya Why and when should systems be created?
    2014-10-30 12:10:03

  • Assel Satpayeva Kazakhstan The feasibility study is an evaluation and analysis of the potential of a proposed project which is based on extensive investigation and research to support the process of decision making.
    2014-10-29 02:10:43

  • Ralph Webster South Africa The first question that needs to be asked - Can the system be created? - seems like a rather obvious question. It is not as clear as it might seem. Often, when a system is being developed specifically for an organisation, there will be no existing system on which to base comparisons on. It may be that what seems like a simple idea cannot be created for whatever reason. While this step does not look in exacting detail, it will look at what the system is required to do, and if this should be able to be achieved.
    2014-10-19 07:10:42

  • Linda Manzano United States of America Can be upgrade but no created ... or modified by the company if they want to make a change in the process.
    2014-10-09 02:10:42

    • Zachariah Peschl United States of America This depends on the current system, if the client is using an open market (MS, etc) system that no longer serves their needs in the most efficient manner, it may be cheaper to go proprietary if they can't modify an off the shelf. Or if they do find an off the shelf solution, these can be just as expensive to implement for a large business.
      2014-10-28 22:10:07
  • George Fragos Greece which is the reason a system can be created?
    2014-09-29 09:09:51

  • Segedin Dragan United Arab Emirates If I'm not wrong than in the case you are getting project delivery task as result of successful pre-sales phase than question "The first question that needs to be asked - Can the system be created? " .... than something is wrong, right?
    2014-09-28 08:09:46

    • Zachariah Peschl United States of America Yes, in this scenario the system exists, it just needs to implemented, which has it's own challenges.
      2014-10-28 22:10:58
  • ANNETTE ROBINSON United States of America So repair vs. implemented or installing new system would include the financial feasibility test?
    2014-09-09 00:09:17

  • Philip Pam Nigeria what if there is an existing system, and a new one is needed or there is a need for an upgrade to an entirely different type of system, what happens in such a case?
    2014-08-15 19:08:06

    • Yai Deng Yai South Sudan Yes there would be integration.
      2014-08-25 13:08:20
  • Samuel Kofi Odoi Ghana Aspiring entrepreneurs may have an idea about the type of fruit or vegetable product that they would like to make. This can come from seeing others successfully producing a food and wanting to copy them or from talking to friends and family members about products that they think they could make. However, an idea for a business is not a sufficient reason to begin production straight away, without having thought clearly about the different aspects involved in actually running the business. Too often, people invest money in a business only to find out later that there is insufficient demand for the product or that it is not the type that customers want to buy. To reduce this risk of failure and losing money, potential producers should go through the different aspects of running their business in discussions with friends and advisers before they commit funds or try to obtain a loan. This process is known as doing a feasibility study and when the results are written down, the document is known as a business plan.
    2014-08-14 22:08:34

  • Vikram Vasant Rotkar United Kingdom What are the factors to be considered while creating a system?
    2014-07-21 17:07:47

    • Yai Deng Yai South Sudan Number of things.
      2014-08-25 13:08:04
    • Philip Pam Nigeria factors to be considered are relative, it depends on the type of system you are creating and what you intend to achieve.
      2014-08-15 19:08:53
  • Jones Hanungu Munang'andu Zambia Acquiring information systems Information systems are a major corporate asset, with respect both to the benefits they provide and to their costs. Therefore, organizations have to plan for the long term before acquiring and deploying information systems. On the basis of long-term corporate plans and the requirements of various individuals from data workers to top management, essential applications are identified and project priorities are set. For example, certain projects may have to be carried out immediately to satisfy a new government reporting regulation or to interact with a new customer's information system. Other projects may be given a higher priority owing to their strategic role or greater expected benefits. Once the need for a specific information system has been established, the system has to be acquired. The fundamental decision is: buy or make. Actually, this decision is not quite so simple. It is rarely possible to buy exactly the right information system. Although the hardware, telecommunications, and system software may be purchased or leased from vendors, information systems generally require a customized approach. An information system must model the specific, and possibly unique, way that a particular organization operates. Acquisition from external sources There are three principal ways to acquire an information system from outside the organization. The most common method is to purchase or lease a software package that is usually customized internally or by an outside contractor. Instead of an expensive purchase or rental, an organization may decide to use the services of an application service provider (ASP), a firm that makes applications available over the Web. This practice is particularly popular with very expensive packages, such as those for enterprise resource planning, in which customers pay for the use of only the software modules that they actually need. Finally, a number of firms outsource day-to-day running and development of their information systems to a specialized vendor.
    2014-07-20 18:07:21

  • Jones Hanungu Munang'andu Zambia Acquiring information systems Information systems are a major corporate asset, with respect both to the benefits they provide and to their costs. Therefore, organizations have to plan for the long term before acquiring and deploying information systems. On the basis of long-term corporate plans and the requirements of various individuals from data workers to top management, essential applications are identified and project priorities are set. For example, certain projects may have to be carried out immediately to satisfy a new government reporting regulation or to interact with a new customer's information system. Other projects may be given a higher priority owing to their strategic role or greater expected benefits. Once the need for a specific information system has been established, the system has to be acquired. The fundamental decision is: buy or make. Actually, this decision is not quite so simple. It is rarely possible to buy exactly the right information system. Although the hardware, telecommunications, and system software may be purchased or leased from vendors, information systems generally require a customized approach. An information system must model the specific, and possibly unique, way that a particular organization operates. Acquisition from external sources There are three principal ways to acquire an information system from outside the organization. The most common method is to purchase or lease a software package that is usually customized internally or by an outside contractor. Instead of an expensive purchase or rental, an organization may decide to use the services of an application service provider (ASP), a firm that makes applications available over the Web. This practice is particularly popular with very expensive packages, such as those for enterprise resource planning, in which customers pay for the use of only the software modules that they actually need. Finally, a number of firms outsource day-to-day running and development of their information systems to a specialized vendor.
    2014-07-20 18:07:07

  • Jones Hanungu Munang'andu Zambia Acquiring information systems Information systems are a major corporate asset, with respect both to the benefits they provide and to their costs. Therefore, organizations have to plan for the long term before acquiring and deploying information systems. On the basis of long-term corporate plans and the requirements of various individuals from data workers to top management, essential applications are identified and project priorities are set. For example, certain projects may have to be carried out immediately to satisfy a new government reporting regulation or to interact with a new customer's information system. Other projects may be given a higher priority owing to their strategic role or greater expected benefits. Once the need for a specific information system has been established, the system has to be acquired. The fundamental decision is: buy or make. Actually, this decision is not quite so simple. It is rarely possible to buy exactly the right information system. Although the hardware, telecommunications, and system software may be purchased or leased from vendors, information systems generally require a customized approach. An information system must model the specific, and possibly unique, way that a particular organization operates. Acquisition from external sources There are three principal ways to acquire an information system from outside the organization. The most common method is to purchase or lease a software package that is usually customized internally or by an outside contractor. Instead of an expensive purchase or rental, an organization may decide to use the services of an application service provider (ASP), a firm that makes applications available over the Web. This practice is particularly popular with very expensive packages, such as those for enterprise resource planning, in which customers pay for the use of only the software modules that they actually need. Finally, a number of firms outsource day-to-day running and development of their information systems to a specialized vendor.
    2014-07-20 18:07:43

  • Reza Abbasi Iran What is the first question that should be asked?
    2014-06-22 14:06:44

    • Farhan Tanveer Pakistan Yes the system should be created.
      2014-11-17 10:11:59
    • Yai Deng Yai South Sudan What is the project doing?
      2014-08-25 13:08:14
    • Satu Korhonen Finland Can the system be created?
      2014-06-25 13:06:45
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