Exam 11: Feasibility Analysis and the System Proposal

________________________ feasibility is a measure of how well a solution can be implemented within existing legal and contractual obligations.

When considering the cost of a project, computer usage and the costs associated with programming, testing, conversion, word processing, maintaining a project dictionary, prototyping, loading new data files, as well as disk storage and printing costs, need to be estimated.

Feasibility is the measure of how beneficial or practical the development of an information system will be to an organization.

_____________________________ feasibility is a measure of the practicality of a specific technical solution and the availability of technical resources and expertise.

The ______________________________ rate is a percentage similar to interest rates and is used to determine the present value of a dollar based on an expected percentage of earnings potential.

The template for a candidate systems matrix includes the following categories to facilitate comparison among alternatives: __________________, __________, __________ and ____ _____________.

__________________________ costs occur at regular intervals but at relatively known rates, for example: lease payments, software license payments, prorated salaries of personnel.

Cultural (or political) feasibility is a measure of how well the solution will be accepted in the organizational climate.

The _________________________________________ technique compares the lifetime profitability of alternative solutions or projects.

The cost of printer paper is an example of a variable cost.

The __________ value of money is a concept shared by all techniques for assessing economic feasibility.

Formal presentations are special meetings used to sell new ideas and gain approval for new systems. They may also be used for any of these purposes: sell a new system; sell new ideas; sell change; head off criticism; address concerns; verify conclusions; clarify facts; and report progress.

The discount rate is a percentage similar to interest rates and is used to determine the present value of a dollar based on an expected percentage of earnings potential.

In payback analysis the period of time that will elapse before accrued benefits overtake accrued costs is called the sunk costs period.

When considering the cost of a project, personnel costs, such as the salaries of systems analysts, programmers, consultants, data entry personnel, computer operators, secretaries, and the like who work on the project, need to be prorated to reflect the time spent on the projects being estimated.

Which of the following variables is part of the return on investment analysis?

The complexity of an apparently feasible project rarely, if ever, changes after the initial problems and opportunities are fully analyzed or after the system has been designed.

Technical feasibility is a measure of the practicality of a technical solution.

The costs associated with developing a system can be estimated from the outset of a project, and should be refined at the end of each phase of the project.

Fixed costs occur at regular intervals but at relatively fixed rates, for example: lease payments, software license payments, prorated salaries of personnel.