Question

what are the analysis of the 4 feasibility elements for a small business which is ( salon on the go) it is salon beauty on car ?

Answer 1

1. Operational feasibility

• It is used for identify the importance of certain problem in project and how it is to be solved.

• It also measures how solution of the problems will work for any project or in any organization.

• It analysis the behaviour of the proposed system and whether the proposed system is easier than the existing system for the users of the system.

In this business, the concept is really convenient for the users( customers) because the salon os on their door step. But we need to think about the demand of that particular area. The demand in urban area is more when compared to rural area. For that we need to conduct a small geographical analysis.

And we should also consider whether there is any government regulation etc.

2. Technical feasibility

• It is used to identify whether the technical resources are available to form the project or system. It suggests efficient input and output devices to manage large amount of data.

• It measure whether the hardware and software of existing system to which extent it can support the proposed system.

• It checks the available technology is within the given constraints such as budget.

Here much costly hardwares are not needed. We need a small truck or car. Then needed a slight modification. Wastes all are collected inside the vehicle itself and disposed later.

3. Economic feasibility

• It is used to determine the financial resources of the project.

• It measures all costs incurred in development of new system.

• It is called cost benefit analysis because it determines the total cost for development of new system and benefits derived from the new system

• Benefits of new system should be more that cost incurred to achieve profit from new system or for any organization.

For this business, if we have got a vehicle then the budget required is very less. Only one employee is required for the operation. Only the variable expense procured mainly will be fuel cost of the vehicle.

4. Schedule feasibility

• Scheduling is all based upon time; it measures whether there is available time to do the project.

• Some projects are needed to be completed in the given deadlines; feasibility determines whether the project can be completed within that deadline.

• This feasibility is used to allocate time for separate module development in proposed system.

This is a unisex salon so the work can be started by 9 in the morning. At this time major customers will be house wives and veterans.

In evenings major customers will employees or professional. So the peak time of the business will be at evening. In between their will be idle time( afternoon), this can be utilized for the rest. And work can be continued till 9PM to get maximum returns.

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