Why is a feasibility report so important in technical communication? The feasibility report is very important because it variously schedules it when technical communicating. The assessment is based on an outline design of system requirements in terms of Input, Processes, Output, Fields, Programs, and Procedures. This can be quantified in terms of volumes of data, trends, frequency of updating, etc. in order to estimate whether the new system will perform adequately or not. Technological feasibility is carried out to determine whether the company has the capability, in terms of software, hardware, personnel and expertise, to handle the completion of the project.
Write 5 major points in the articles that are important. Economic analysis is the most frequently used method for evaluating the effectiveness of a new system. More commonly known as cost/benefit analysis the procedure is to determine the benefits and savings that are expected from a candidate system and compare them with costs. If benefits outweigh costs, then the decision is made to design and implement the system. An entrepreneur must accurately weigh the cost versus benefits before taking an action. Cost Based Study: It is important to identify cost and benefit factors, which can be categorized as follows: 1. Development costs; and 2. Operating costs. This is an analysis of the costs to be incurred in the system and the benefits derivable out of the system. Given our technical expertise, are the project deadlines reasonable? Some projects are initiated with specific deadlines.
Explain 5 reasons why one should read the above articles when preparing to design an important feasibility study on any topic? Market Feasibility Study typically involves testing geographic locations for a real estate development project, and usually involves parcels of real estate land. Developers often conduct market studies to determine the best location within a jurisdiction, and to test alternative land uses for given parcels. Jurisdictions often require developers to complete feasibility studies before they will approve a permit application for retail, commercial, industrial, manufacturing, housing, office or mixed-use project. Market Feasibility takes into account the importance of the business in the selected area.
Write a paragraph explaining a business situation where a feasibility study is necessary It is important to identify cost and benefit factors, which can be categorized as follows: 1. Development costs; and 2. Operating costs. This is an analysis of the costs to be incurred in the system and the benefits derivable out of the system. Time Based Study: This is an analysis of the time required to achieve a return on investments. the benefits derived from the system. The future value of a project is also a factor. This involves questions such as how much time is available to build the new system, when it can be built, whether it interferes with normal business operations, type and amount of resources required, dependencies, etc. Contingency and mitigation plans should also be stated here. In this stage, the project's alternatives are evaluated for their impact on the local and general. For example, environmental factors need to be considered and these factors are to be well known.
How would you use a feasibility report for your business situation? Our company uses the feasibility report by various scenes. When a new commodity arrives to our sports shop, the feasibility report is used. When receiving an order of the commodity, the feasibility report with the customer is made. The feasibility report is used to explain our company. Therefore, the feasibility report is necessary to run a company.
Talk about a feasibility report that you want to prepare. Explain at least 10 major points you will include in this feasibility report of your choice. What will be the exact purpose of the report?. The feasibility report is used for the other party of dealings in our company. To receive an order of the commodity, information on our company is written. We show information on the commodity wanting it. I describe the profit when we sell one's wares. How much profit goes to other party's company is written. The solution when the commodity doesn't sell is written. The demand for consumer's commodity is written. The content spoken at the end is brought together. The feasibility report is plainly written by a concise content. The purpose of the report is to write to various people plainly.
Write five sentences explaining how a company should do research before designing a feasibility report. Various researches are necessary for us before the feasibility report is designed. Information on the commodity is examined before it receives an order of the commodity. Customer's other party's information is examined. When selling it to the consumer, the age group and sex are examined. Information on our company is plainly examined.
Write down five key words and its meaning that you read in the above articles. Report: a written or spoken description of a situation or event, giving people the information they need Project: a carefully planned piece of work to get information about something, to build something, to improve something format : the way in which something such as a television show or meeting is organized or arranged economic: relating to trade, industry, and the management of money logical: seeming reasonable and sensible
Develop a short concept map using the Concept Mapping software based on one of the articles you see above. http://www.slideshare.net/s1170031/week8-1
Develop a short concept map explaining how the following article is organized. http://www.slideshare.net/s1170031/week8-2
Write down the definition of 5 major key words that are used in the concept map you developed in the previous question. 1. provide to give something to someone or make it available to them, because they need it or want it: 2. labor the American spelling of LABOUR 3. recommendation official advice given to someone, especially about what to do 4. behind at or towards the back of a thing or person 5. evaluation a judgment about how good,useful,or successful something is
Write down three major questions that might explain the major argument or information in the the article you read above The feasibility report is very important because it variously schedules it when technical communicating. The assessment is based on an outline design of system requirements in terms of Input, Processes, Output, Fields, Programs, and Procedures. This can be quantified in terms of volumes of data, trends, frequency of updating, etc. in order to estimate whether the new system will perform adequately or not. Technological feasibility is carried out to determine whether the company has the capability, in terms of software, hardware, personnel and expertise, to handle the completion of the project.