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ALISON: Diploma in Project Management


Comments about The planning phase - Feasibility study question 4

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- Module: The planning phase
- Topic: Feasibility study question 4
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Latest Comments

  • Emmanuel Sanwi Nigeria Who is to carry out feasibility study?
    2015-03-18 23:03:59

  • Emmanuel Sanwi Nigeria In feasibility study 4 ,the details of both costs of the proposed systems are reviewed for better understanding.
    2015-03-18 23:03:43

  • Genaro Ceballos Panama important study and validation costs
    2015-03-18 20:03:38

  • Mabrat Abdulai Sierra Leone yes
    2015-03-17 13:03:23

  • Odongo Moses Uganda Can the system development costs and ongoing costs be justified on the improvements it will deliver? yes because time and money need to be adjusted in the project planing and budget . 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.
    2015-03-16 17:03:17

  • Muhidin Adam Mohamed Somalia yes because every organisation needs benefit and profit
    2015-03-16 09:03:41

  • Musa Hamisu El-Yakub Nigeria The ongoing cost must be low enough to justify the development of the system.
    2015-03-14 19:03:57

  • Peter Palika Malawi Establishment cost should be less ongoing cost. Ongoing costs are those for maintenance
    2015-03-14 09:03:41

  • Oyetope Oyewunmi Nigeria Yes they can be justified if a necessary forecast can relate the two.
    2015-03-13 10:03:03

  • CONFIDENCE Ekeh Nigeria sure because every organisation is benefit and profit conscious,
    2015-03-05 15:03:10

  • Dubem Obukwelu Nigeria This is the ultimate decider in a way because organization are often conscious of cost, bottom lines and loses. After all profitability is why they are in business. The project must be shown/seen to be worth the investment.
    2015-02-25 22:02:12

    • Gabriel Onumah Ghana most definitely
      2015-03-03 11:03:30
  • Rita Musoke United Kingdom As for the future ongoing maintenance of the developed system, the company must set a side the budget costs for the regular maintenance costs that may be required at any point of running the system.
    2015-02-22 23:02:55

    • sowunmi ismail United Kingdom Budget for the maintenance cost with establishment cost has to be justified before the project can be approved.
      2015-03-02 14:03:00
  • Kuicthok Yak Deng South Sudan The ongoing costs affect many insitutions.
    2015-02-20 13:02:10

  • Faith Edamkue Nigeria Costs without benefits are not advisable. Establishing the benefits/ cost relevance is needed.
    2015-02-16 17:02:17

  • Mohamed Abdirahman Elmi Somalia The overall system development must include the initial investment and the running costs
    2015-02-15 10:02:40

  • Adegbola Ganiu adeola Nigeria Is very important to put it in notice by comparing the estarblishment cost to ongoing cost the product inorder to sure that the product withstand the esterblishment cost of that product.
    2015-02-15 00:02:33

  • David Fahy Saudi Arabia Have the costs of establishment and running of the new systems been considered?
    2015-01-31 09:01:44

  • Srikant Parasar India The overall system development must include the initial investment and the running costs.
    2015-01-28 14:01:48

  • olukan olusola Nigeria The ongoing cost should justify the establishment cost of the system.
    2015-01-16 11:01:46

  • Veronica Brown Australia The costs will be divided into two categories - establishment costs and ongoing costs. Ongoing costs must be low enough to justify the system development
    2015-01-11 11:01:37

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