Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

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.

  • XXX (Replace the XXX data with THREE statements in each type of feasibility)
  • XXX
  • XXX

Economic Feasibility: Should We Build It?

Factors

Development costs

Annual operating costs

Annual benefits (cost savings and/or increased revenues)

Intangible benefits and costs

  • XXX (Replace the XXX data with THREE statements in each type of feasibility)
  • XXX
  • XXX

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?

  • XXX (Replace the XXX data with THREE statements in each type of feasibility)
  • XXX
  • XXX

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

28th Edition

9781337902687

Students also viewed these Accounting questions