Sign-up today to join over 4 million learners already on ALISON:

ALISON: Diploma in Project Management


Comments about The planning phase - The planning phase - feasibility studies

The comment must be about:
- Module: The planning phase
- Topic: The planning phase - feasibility studies

Latest Comments

  • Franklin King Liberia Once the problem identification process has been completed and an idea of a solution (or a number of possible solutions) have been established, but before any large project is approved, a thorough investigation of the implications, costs and benefits of the system should be undertaken. This investigation is referred to as the Feasibility Study. The main reason for conducting a feasibility study, in broad terms, is to see if creating the system will be worthwhile. What defines "worthwhile" will vary from company to company and system to system. Generally speaking, it is a balancing act - can the cost of developing the system be justified by the benefits the system will deliver?
    2014-12-18 17:12:12

  • Thomas Ndungo Lekunze Cameroon Feasibility studies are very fundamental for decision making in any organisation most especially when it has to do with putting into place of major projects.
    2014-12-15 08:12:24

  • Stephen Diya Nigeria Yes and it will be great in planing
    2014-12-11 14:12:34

  • ESSOTOLOME BODJO China The issues that a feasibility study will look at include: •can the system be created? •does the company have the ability to create the system? •if the system was developed, does the company have the ability to keep it operating at an acceptable level? •can the system development costs and ongoing costs be justified on the improvements it will deliver? •is there a better way of solving the problem? •should the system development go ahead?
    2014-12-02 15:12:05

  • Aggrey Kegome Kenya This study will include ability ,sustenance,justification,improved solution ways and approval.
    2014-12-02 09:12:58

  • Zinabie Tadesse Gebremedhin Ethiopia Once the problem identification process has been completed and an idea of a solution (or a number of possible solutions) have been established, but before any large project is approved, a thorough investigation of the implications, costs and benefits of the system should be undertaken. This investigation is referred to as the Feasibility Study. The main reason for conducting a feasibility study, in broad terms, is to see if creating the system will be worthwhile. What defines "worthwhile" will vary from company to company and system to system. Generally speaking, it is a balancing act
    2014-11-25 11:11:33

  • Md Shohel Mahmud Bangladesh before implementing a process a thorough investigation of the implications, costs and benefits of the system should be undertaken and this is Feasibility Study.
    2014-11-17 04:11:41

  • Caroline Omoro Kenya what happens if the feasibility study phase is altered or done away with?what are the repercussions?
    2014-11-16 09:11:40

  • Caroline Omoro Kenya The main reason for feasibility study is to ensure that the system is worthwhile.different systems have different measures but the following cut across. -can the system be created and does the company have the machinery to create the system -can the system development costs and organizational costs be justified on the improvements it will show -is there a better way of solving the problem and -should the system development continue
    2014-11-16 09:11:18

  • Cyrus Wanjohi Kenya Once the problem identification process has been completed and an idea of a solution (or a number of possible solutions) have been established, but before any large project is approved, a thorough investigation of the implications, costs and benefits of the system should be undertaken. This investigation is referred to as the Feasibility Study.
    2014-11-16 06:11:27

  • Cyrus Wanjohi Kenya Once the problem identification process has been completed and an idea of a solution (or a number of possible solutions) have been established, but before any large project is approved, a thorough investigation of the implications, costs and benefits of the system should be undertaken. This investigation is referred to as the Feasibility Study. The main reason for conducting a feasibility study, in broad terms, is to see if creating the system will be worthwhile. What defines "worthwhile" will vary from company to company and system to system. Generally speaking, it is a balancing act - can the cost of developing the system be justified by the benefits the system will deliver? The issues that a feasibility study will look at include: can the system be created? does the company have the ability to create the system? if the system was developed, does the company have the ability to keep it operating at an acceptable level? can the system development costs and ongoing costs be justified on the improvements it will deliver? is there a better way of solving the problem? should the system development go ahead?
    2014-11-16 06:11:31

    • Cyrus Wanjohi Kenya Once the problem identification process has been completed and an idea of a solution (or a number of possible solutions) have been established, but before any large project is approved, a thorough investigation of the implications, costs and benefits of the system should be undertaken. This investigation is referred to as the Feasibility Study. The main reason for conducting a feasibility study, in broad terms, is to see if creating the system will be worthwhile. What defines "worthwhile" will vary from company to company and system to system. Generally speaking, it is a balancing act - can the cost of developing the system be justified by the benefits the system will deliver? The issues that a feasibility study will look at include: can the system be created? does the company have the ability to create the system? if the system was developed, does the company have the ability to keep it operating at an acceptable level? can the system development costs and ongoing costs be justified on the improvements it will deliver? is there a better way of solving the problem? should the system development go ahead?
      2014-11-16 06:11:44
  • Nothando Gumpo United Kingdom Once the problem identification process has been completed and an idea of a solution (or a number of possible solutions) have been established, but before any large project is approved, a thorough investigation of the implications, costs and benefits of the system should be undertaken. This investigation is referred to as the Feasibility Study. The main reason for conducting a feasibility study, in broad terms, is to see if creating the system will be worthwhile. What defines "worthwhile" will vary from company to company and system to system. Generally speaking, it is a balancing act - can the cost of developing the system be justified by the benefits the system will deliver? The issues that a feasibility study will look at include; 1. can the system be created? 2. does the company have the ability to create the system? 3. if the system was developed, does the company have the ability to keep it operating at an level? 4. can the system development costs and ongoing costs be justified on the improvements it will deliver? 5. is there a better way of solving the problem? 6. should the system development go ahead?
    2014-11-06 12:11:16

  • Assel Satpayeva Kazakhstan A feasibility study evaluates the project's potential for success; therefore, perceived objectivity is an important factor in the credibility of the study for potential investors and lending institutions.
    2014-10-29 03:10:10

    • Cyrus Wanjohi Kenya Once the problem identification process has been completed and an idea of a solution (or a number of possible solutions) have been established, but before any large project is approved, a thorough investigation of the implications, costs and benefits of the system should be undertaken. This investigation is referred to as the Feasibility Study. The main reason for conducting a feasibility study, in broad terms, is to see if creating the system will be worthwhile. What defines "worthwhile" will vary from company to company and system to system. Generally speaking, it is a balancing act - can the cost of developing the system be justified by the benefits the system will deliver? The issues that a feasibility study will look at include: can the system be created? does the company have the ability to create the system? if the system was developed, does the company have the ability to keep it operating at an acceptable level? can the system development costs and ongoing costs be justified on the improvements it will deliver? is there a better way of solving the problem? should the system development go ahead?
      2014-11-16 07:11:13
  • Ralph Webster South Africa Once the problem identification process has been completed and an idea of a solution (or a number of possible solutions) have been established, but before any large project is approved, a thorough investigation of the implications, costs and benefits of the system should be undertaken. This investigation is referred to as the Feasibility Study. The main reason for conducting a feasibility study, in broad terms, is to see if creating the system will be worthwhile. What defines "worthwhile" will vary from company to company and system to system. Generally speaking, it is a balancing act - can the cost of developing the system be justified by the benefits the system will deliver? The issues that a feasibility study will look at include: can the system be created? does the company have the ability to create the system? if the system was developed, does the company have the ability to keep it operating at an acceptable level? can the system development costs and ongoing costs be justified on the improvements it will deliver? is there a better way of solving the problem? should the system development go ahead?- IRR + NPV TEST
    2014-10-19 07:10:05

  • George Fragos Greece more clear and needs further discussion
    2014-09-29 09:09:22

  • Nadisha McIntosh McKay Jamaica Now I can discuss feasibility studies with my peers.
    2014-09-17 21:09:27

  • ANNETTE ROBINSON United States of America Now I have a better understanding of the feasibility study. I was uncertain earlier. What about you?
    2014-09-09 11:09:32

    • Thabo Ishmael Lejone Lesotho I can discuss it.
      2014-09-24 10:09:56
  • Zonair Saqib Pakistan who definitely could conduct this feasibility study? what factors can be added to it?
    2014-08-25 17:08:41

  • Philip Pam Nigeria Is there a time frame for carrying out a feasibility study?
    2014-08-17 14:08:46

    • Victor Osioh United Kingdom yes
      2014-10-10 11:10:58
    • Yai Deng Yai South Sudan Yes any planning has the time limit.
      2014-08-25 15:08:17
    • ARIHO SIMPLISIO Uganda yes and it should be the first when planing
      2014-08-20 13:08:44
  • Philip Pam Nigeria what if at the beginning everything seems feasible and deep into the system creation hitches are encountered that seems to threaten the productivity of the end results, what happens at this stage?
    2014-08-17 14:08:12

    • Gochi Ugo Apuamaga Nigeria At that stage, you then proceed to the feasibility study question of "is there a better way to solving the problem?", at which point you will need to revisit other options that could enable the system deliver its required objectives. If after extensive analyses of other options, you come to a conclusion of a better way to deliver the required objectives then you can decide whether to proceed with the system development or not.
      2014-08-26 12:08:01
    • Yai Deng Yai South Sudan The the alteration of the initial planned will be done.
      2014-08-25 15:08:05
Loading Menu