Question
Create a Feasibility Analysis containing hypothetical data on an electronic log book for airline maintenance. Before you begin to work on this activity, refer to
Create a Feasibility Analysis containing hypothetical data on an electronic log book for airline maintenance. Before you begin to work on this activity, refer to the Feasibility Analysis example in Figure 1-15 in the textbook.
You must utilize this Feasibility Analysis Template (DOCX). Download Feasibility Analysis Template (DOCX). Fill in the template with appropriate feasibility statements, overwriting the XXX data. You must provide THREE statements in each of the three types of feasibility.
Note: You do not have to create or upload a Cost-Benefit Analysis (CBA) in this Feasibility Analysis task. Present only hypothetical Return on Investment (ROI), Net Present Value (NPV), and Break-Even Point (BEP) data that you make up without performing any mathematical computations.
Feasibility Analysis Assessment Factors | ||
Technical Feasibility: Can We Build It? | ||
Consider: | Familiarity with application: Less familiarity generates more risk. | Familiarity with technology: Less familiarity generates more risk. |
Project size: Large projects have more risk. | Compatibility: The harder it is to integrate the system with the companys existing technology, the higher the risk will be. | |
| ||
Economic Feasibility: Should We Build It? | ||
Factors | Development costs | Annual operating costs |
Annual benefits (cost savings and/or increased revenues) | Intangible benefits and costs | |
| ||
Organizational Feasibility: If We Build It, Will They Come | ||
Consider: | Is the project strategically aligned with the business? | Project champion(s)? |
Senior management? | Users and other stakeholders? | |
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started