Feasibility study question 4 | Diploma in Project Management
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The planning phase of the SDLC The planning phase: defining the problem The planning phase: setting project objectives The planning phase: identifying constraints Feasibility study question 1 Feasibility study question 2 Feasibility study question 3 Feasibility study question 4 Feasibility study question 5 Feasibility study question 6 The planning phase - feasibility studies The planning phase - creating project proposals The planning phase - establishing control mechanismsModules
Project management overview Project management methodology Project management toolset Project management documentation System development life cycle The planning phase The analysis phase The design phase The implementation phase The use/evaluation phase Project management case study Information Technology case study Toolset case study GANTT charts case study Documentation case study System development life cycle case study The planning phase case study Feasibility study case study The planning phase case study The analysis phase case study The analysis phase case study 2 The design phase case study Implementation phase case study 1 Implementation phase case study 2 Evaluation phase case study Implementation phase case study Case study conclusion Project Management Assessment
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XSIQ * Information Technology - Feasibility study question 4 Feasibility Study Question 4 At this point in the feasibility study, the costs associated with the proposed system will be clearer. The costs will be divided into two categories - establishment costs and ongoing costs. Establishment costs are those associated with the actual creation of the system. This would include all development costs, hardware purchases and the like. The establishment costs are one off costs and will not be repeated during the life of the system. Ongoing costs are the costs that will be faced each year in running the system. It includes the human resource costs, system consumables costs and the like. The ongoing costs must be low enough to justify the development of the system. That is, there is no point developing a new system to perform a job if the current system does it cheaper - unless there is some overwhelming need for change. The establishment costs will be incurred in the initial setting up of the system, however they will usually be viewed over the anticipated life of that system. Previous | NextView Comments and Reviews >>