Team: Helena Elliott, Pablo Salinas, Jr., Abena Sandy
CSCI 4635 System Analysis & Design
June 2007
Equipment Tracking System Feasibility Analysis Executive Summary
The following feasibility analysis has been created for the Equipment Tracking System. The highlights of the feasibility analysis are:
Technical Feasibility
Because we are such a large company with many IT needs we have a large staff of experienced IT personnel. The technical feasibility analysis indicates that this project is technically feasible for our company.
· The IT Department has 2 skilled project managers
· All the technology needed for this system is currently in place within our company
· The IT staff includes experience programmers who can be assigned to this project
· The processes required for this system are similar to other systems that the IT Department has created before. Therefore, this system is not too complex for the IT staff to handle
· The IT Department has handled more complex projects successfully
Economic Feasibility
A cost benefit analysis was performed. See attached spreadsheet for details. The results show that if this system is successfully implemented it will add value to the company.
ROI over 5 years is: 388.8%
Total benefit after 5 years is: 1.09 million (adjusted for present value)
Break-even occurs: after .57 years
Intangible Cost and Benefits
· On-time filing of OSHA required documentation
· Improved tracking of all equipment at facility
· Improved position in the industry in the area of safety
Organizational Feasibility
This system is a must have for our organization. Safety is a top priority for the environment in which our organization operates. Unsafe working environments are costly. Implementing this system will aid us in reaching our goal to be a leader in the area of safety. It will help us keep our employees safe and help cut cost related to injuries and non-compliance.
The EH&S manager is the champion for this project and he has the support of upper management. System users will be involved with the project from start to finish.
Organizationally, this project is feasible.