Question
Assume your business is considering a proposal for a new system. You now need to begin the preliminary investigation. Complete step 1: Understand the problem
Assume your business is considering a proposal for a new system. You now need to begin the preliminary investigation. Complete step 1: Understand the problem or opportunity and step 2: define the project scope and constraints of the preliminary investigation. Considering the new system that was proposed, analyze the economic feasibility of the project. You will need to estimate the projected benefits as well as the costs in all areas for the project. You will make up the cost and benefit information. Remember to consider the total cost of ownership as well as the tangible and intangible costs and benefits. You may use a spreadsheet to complete this portion. Make sure to clearly label all items.
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