FEASIBILITY STUDY DEFINITION OF FEASIBILITY STUDY A feasibility study • Is designed to provide an overview of the primary issues related to a business idea. • Is created in order to minimize risk and to ascertain the viability of a project. • Is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to support the process of decision making. COMPONENTS OF FEASIBILITY STUDY ✓ Market/Marketing Study
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What is a feasibility study? “A feasibility study is an evaluation and analysis of the potential of the proposed project which is based on extensive investigation and research to support the process of decision making” (Wikipedia.com). Without the use of Wikipedia defining feasibility study would fall on understanding the two words it compresses. Feasibility or the root word feasible means a degree to which something can be achieved or put into the effect‚ therefore something feasible is something
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Chapter # 3: Feasibility Study Steps in feasibility analysis Eight steps involved in the feasibility analysis are: 1. Form a project team and appoint a project leader. 2. Prepare system flowcharts. 3. Enumerate potential proposed system. 4. Define and identify characteristics of proposed system. 5. Determine and evaluate performance and cost effective of each proposed system. 6. Weight system performance and cost data. 7. Select the best-proposed system. 8. Prepare and report final
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COLLEGE MANAGNMENT SYSTEM FEASIBILITY STUDY PROJECT 1.0 INTRODUCTION Oxford business institute has been agued by some analysts that the challenge being faced does not require textbooks solutions. Other analysts argue that a more practical approach has to be adopted if all their survival has to guarantee. Use of off the shelf system in Colleges had become a norm in Colleges as directors in these Colleges were very much interested in improving the security of their systems and it is these application
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Laundry It is a place where the washing & finishing of clothes & other washable articles are carried out. There are two types of laundry. Off premises /Contracted laundries 1. Caters to hotels on contract basis 2. No heavy investment 3.Quality may not be maintained as per the brand standard of the hotel 4.Timings are fixed for delivering the laundered linen 5.A good amount of par stock has to be kept for emergency purpose. On Premises/ In house laundry 1. it is present in the hotel
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2. SYSTEM STUDY 2.1 FEASIBILITY STUDY The feasibility of the project is analyzed in this phase and business proposal is put forth with a very general plan for the project and some cost estimates. During system analysis the feasibility study of the proposed system is to be carried out. This is to ensure that the proposed system is not a burden to the company. For feasibility analysis‚ some understanding of the major requirements for the system is essential. Three key
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studyEastern Visayas State University Ormoc City THE FEASIBILITY OF A NEW SIT-DOWN RESTAURANT In Partial Fulfillment of the requirements for the subject ENGLISH 223 Technical Writing By Verastigue‚ Gracious O. BT-HELE II-B Presented to: Gertrudes Capalaran‚ M.A. JANUARY 28‚ 2013 I. INTRODUCTION Fast food chains have grown at an incredible rate over the past couple of decades. There seems to be a McDonald ’s or Burger King on every street corner. Fast food offers
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Feasibility Study (COMPUTER SHOP) “KuliSHOP” Introduction Today‚ most of the University of Santo Tomas students are complaining about the deprivation of computer shops for school needs. The students would not find a hard time to find or do what they need for school when we put up our business near UST. The "KuliSHOP" will offer high quality printings and will have high quality computers‚ that students will be comfortable whatever they wish to do for school needs. We named our sop for
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UNIVERSITY Sto.Tomas External Studies Center ------------------------------------------------- Sto.Tomas Davao Del Norte ------------------------------------------------- FEASIBILITY STUDY In Partial Fulfillment in IT CORE 1 (I.T. FUNDAMENTALS) PRESENTED TO: JUNIE R. BAGUIO By: Daryl Ortiz October 15‚ 2012 I. DESCRIPTION OF THE BUSINESS The product or services to be offered and how they will be delivered. II. MARKET FEASIBILITY Includes a description of the
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survey we find out that the site has less than 5 competitors and it’s a good sign of putting up the business. We choose the location at Purok 3 Brgy. Conchu Trece Martires City‚ front of Brgy. Hall. It’s about 75 square meters. Most of the Internet shop located in the area is inside the subdivision and for that we are more capable of attracting customer’s because we will offer more affordable rental fee in 20 pesos per hour. Descriptive Definition of Kyrie Internet Cafe Kyrie Internet Cafe is a place
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