Importance of Feasibility Study System Analysis and Design

Importance of Feasibility Study System Analysis and Design This report analyses the importance of Feasibility Analysis to businesses when they are deciding on the viability of a proposed business venture involving the implementation or improvement of an information system. This report is split into three parts the initial part defines a feasibility analysis, the second part explains how an IT feasibility analysis should be conducted using the template of the IT Infrastructure Library (ITIL) and the last section in this report examines a completed feasibility study by Powerco, a utilities distribution Company in New Zealand. What is a feasibility analysis? As the words feasibility analysis suggests a feasibility analysis is carried out to decide on the viability of a proposed venture; basically it answers the essential question of is it a viable option and should the project be implemented. All stages of the analysis are carried out in order to answer this question. When researching it is clear that the majority of all large successful businesses conduct a feasibility study to ensure they embark on a viable project, for example Microsoft have a large research department situated in many different cities throughout the globe, this department collaborates with many institutions producing many feasibility analyses a year. When examining successful businesses such as Microsoft, I discovered they will not commit to a new project without first thoroughly assessing all of the variables and reviewing the probability of success through a feasibility study. The feasibility analysis process As a feasibility analysis is often time consuming and expensive (many companies pay consultants to perform the analysis), a preliminary study is undertaken to determine if it would be worthwhile to proceed to the feasibility analysis, within this preliminary study the evaluation of alternatives is made along with brief cost and benefit analysis. A feasibility study is usually conducted after the project managers have discussed all project ideas and every possible scenario, only if the results are positive the feasibility study begins. The content of feasibility Analysis Within a feasibility study it is necessary to discuss a number of areas including; details of the present system; what are the functions and objectives, who are the Stakeholders and the reasons to improve or replace the current system for example inconsistencies / inadequacies in functionality or performance, is there any possible solution alternatives and the advantages and disadvantages of the alternatives. Feasibility analysis can be split into four types; Operational factors; Operational feasibility is used to assess how well the information systems will work if implemented in the given environment. Define the urgency of the project If the project is implemented, will it be a success? Does management support the project? How do end users feel about the new system? People tend to resist change can this problem be overcome? Can management and end users adapt to the change? Has the proposed venture conflicted with organisational or government regulations? Schedule factors; It often takes time to build and implement an information system solution; will the project still be necessary on completion? The technology may exist, but are there the skills available to not only complete the project but complete it on schedule? Is the project deadline reasonable? Is the deadline desirable or mandatory? What are the results of failing to meet the project deadline? Technical; Technical feasibility is the measure of the practicality of specific technical information system solutions and the availability of technical resources. Often new technologies are solutions looking for a problem to solve: Is the technology for the information system solution practical? Does the necessary technology exist? Is the technology proven? Is the technology practical and reliable? Are the necessary skills available to design and implement the system? Is there the infrastructure to cope with ongoing maintenance (problems, upgrades) Economic; This is regularly the most important analysis made, it asks important questions; Is the project justified (i.e. will benefits outweigh costs)? Can the project be done, within given cost constraints? What is the minimal cost to attain a certain system? Which alternative offers the best return on investment? How much will it cost to maintain? The 12 Stages of an ITIL Feasibility Analysis ITIL is a global guidance document that provides worlds best practices for IT service management companies. ITIL guidelines are often used in feasibility studies and are broken down into twelve stages. These twelve stages are described in this next section and if necessary a brief example has been given; Introduction It is important that an introduction to the feasibility analysis is made; this introduction includes the content, the intent, the intended audience, the purpose, and organizational details of the feasibility analysis. Management Summary This stage summarises, what the other stages within the template will explain in more detail; this section provides a quick overview of the feasibility analysis and would include the following, an Introduction, Management Summary, Background of the Project, Objectives, Situation, Benefits, Problems and Risks, Technical Requirements, Options, Cost/Benefit Analysis, Financial/Budget Implications and Recommendations Background to the Project A project is proposed for a specific scenario and this step describes the reason the proposal exists. For example; current sales are at a low due to increased competition, the proposal is for a new company website, where customers are able to buy directly. Objectives The high level business purposes of the proposal, including the long-range management goals. For example, the proposed project is to increase sales by an estimated 15% per annum over the next ten years. Situation This step describes the present condition, without the service in place, including market conditions, it is necessary to highlight the need for the proposed system, and the consequences of the proposal not being authorized. Benefits In the benefits section, it is necessary to focus on the short term benefits of the proposal; this is different to the objective stage which focuses on the long term gains and the cost-benefit step which focuses primarily on the financial benefits. An example of this could be the increased customer satisfaction of the proposed website. Problems and Risks It is important to identify and assess possible problems and risks of the proposed project associated with it within the development, design, and deployment stages. This is done by doing a risk assessment on the proposed system; this will be used to identify problems in many different areas, including technologies, lack of user support, or resources. Technical Requirements Has the business the technological infrastructure for the proposed system? These requirements include knowledge of the hardware and software required, for example, does the business possess the database architecture, network structures, and hardware to sustain the website, will it be necessary to outsource? Options It is recommended in the ITIL framework that a feasibility analysis includes any alternatives to the proposal, including advantages and disadvantages and costs. An example of this could be advertising to increase sales and would show the estimated cost of this. Cost/Benefit In this step, the total cost of the project is calculated; this includes development, design, deployment, and maintenance of the new service. Costs include facilities, hardware, labor, and software. The project cost is compared to the financial benefits provided by the proposed system. What are benefits? These are examples of benefits, more accurate / timely information. Improved operation, increased flexibility of operation, increased output, error reductions, cost reductions; benefits can be placed into three different categories; Monetary; when money values can be calculated, Tangible; when benefits can be quantified, but monetary values cannot be calculated. Intangible; when neither of the others apply, this applies there is a benefit, but it cannot be quantified. There are different types of costs; Project related; development, purchasing, Installation, training costs, Operational costs; these costs are often ongoing costs and include; Maintenance on the hardware; maintenance, lease, materials Software; maintenance fees and contracts Personnel; operation, maintenance There are a number of tools used, which helps in the economic section of the feasibility analysis these are; Cost-benefit analysis (CBA); which estimates and totals up the equivalent money value of the benefits and costs of proposed projects to establish whether they are worthwhile. Payback Analysis; which is used to calculate how long it will take to pay the costs of the project Return on Investment Analysis; which compares the lifetime profitability of alternative solutions, Net Present Value Analysis: using current monetary values, profitability is determined of the proposed project, Return On Investment (ROI) compares the lifetime profitability of alternative solutions, (Lifetime benefits Lifetime costs) Lifetime costs and finally you can compare alternatives with the feasibility analysis matrix. Financial/Budget Implications Once the overall costs have been established, it is necessary to verify if the necessary funds are available, if so how? This may result in changes to the budget or priorities and reducing expenditure to accommodate the costs. Recommendations In this final step recommendations regarding the proposal are made including scheduling and budgeting Summary In summary these twelve steps that make up the ITIL is among the first activities a manager will undertake in preparation for a proposal for a new IT service, though it is important to remember these steps make a general guide and different information systems may require amendments. Examples of feasibility analysis Though the majority of businesses keep their own feasibility analysis private, research identified an interesting feasibility analysis conducted by Powerco. In this section I will briefly review this feasibility analysis in a case study due to the word restrictions on this essay and the extensiveness of the ITIL framework. Powerco has an estimated 410,000 consumers which makes it one of New Zealands largest utilities Companies. These customers expect a reliable service 24 hours a day, 7 days a week. Powerco applications are split between two platforms; Oracle RAC and Microsoft SQL Server, which has meant that the business had additional expenses of licensing, supporting, operating, and maintaining two systems. Additionally it was awkward for staff to alternate between the systems when working. As the Oracle platform of Powercos warranty cycle was approaching expiration, and the financial system was scheduled an important upgrade, it was clear to the company that it was time to reassess its options and whether it should consolidate to a single server platform or replace existing hardware. Powerco acknowledged that to consolidate the database platforms would create a more simple IT environment and would reduce the total cost of the database system significantly. The case for consolidation was simple why maintain two systems if you dont need to? explains Mr. Griffiths, Infrastructure Manager, Powerco. Powerco undertook preliminary study of the solutions and assessed the pros and c ons of Oracle versus SQL Server. This analysis pointed towards some significant advantages in choosing SQL Server over Oracle. These included reduced licensing and maintenance costs, ease of management and fewer requirements for a specialised skill set to manage and service the system. A feasibility study of migrating to SQL Server was then completed by consultants on Powercos behalf including a cost/benefit analysis, a risk assessment, analysis of the alternatives and the four factors discussed earlier in this report, this confirmed Powercos applications could be supported on SQL Server, with the remaining end of life applications being replaced with SQL Server compatible ones, the feasibility study showed that unlike other options Microsoft SQL Server, serving could be done in-house. Microsofts SQL Server was the cheapest option to license, maintain, and support, particularly because of the specialised nature of Oracle. The business would be more streamline and efficient with just the single platform. Increases security. Further Tangible and Non-tangible benefits. Due to the results of the feasibility study, Powerco changed from the two platforms to solely Microsoft SQL Server, the result of this consolidation has meant Powerco has been able to reduce costs significantly, also ensuring it was easier to maintain and manage in-house and eliminating the need for external consultants. The migration to SQL Server has cut the overall cost of ownership by $390,000 a year, also helping to streamline Powercos IT systems and have given a number of other Tangible and Non-tangible benefits. Conclusion In conclusion this report has explained what a feasibility study is and when it should be used, I have then reviewed the various stages which are recommended by the IT industry experts at the ITIL and have given an example of a successful feasibility study undertaken by Powerco. I believe to be objective this report should have explored examples of a unsuccessful feasibility study, however this was not possible due to my research not providing any suitable cases, but still the findings of this report are clear, it is advisable to do a feasibility analysis, as it is tried and tested and the vast majority of large and established companies use this method to check the viability of a proposed venture and are taking a substantial risk if a feasibility study is not carried out before embarking on new project.

The Pros and Cons of Ethnographic Reflexivity Essay -- Pro Con Essays

The Advantages and Limits of Ethnographic Reflexivity Awareness of writing choices generates an appreciation of the reflexivity of ethnographic research. Reflexivity involves the recognition that an account of reality does not simply mirror reality but rather creates or constitutes as real in the first place whatever it describes. Thus ‘the notion of reflexivity recognizes that texts do not simply and transparently report an independent order of reality. Rather, the texts themselves are implicated in the work of reality-construction (Emerson et. al., 1995:213). According to Robert M. Emerson and colleagues, reflexivity is a method in which the ethnographer is aware that his/her writing choices are shaped to acknowledge the ethnographers presence in the culture being studied. Thus, while writing and analyzing fieldnotes, the ethnographer-as-author grows increasingly aware of his role and responsibility in telling the story of the people being he/[she] studied; for in writing he/[she] re-presents their everyday world[1]. By taking the ethnographers presence in consideration, the ethnography becomes more than a mere piece of text. In the process of writing his/her analyzes of a culture, the ethnographer is constantly reminded that his work is to understand a realm of reality. In the following I will discuss the approach Dorinne K. Kondo and Renato Rosaldo use in writing their reflective ethnography. Dorinne K. Kondo in Dissolution and Reconstitution of Self: Implications for Anthropological Epistemology suggested that to understand the culture one studies the ethnographer should account his/her presence. In other words, the ethnographer should write about his/her experiences because it establishes the â€Å"I was there† author... ... argues that even though our mission is to understand the culture we our studying one cannot make final assumptions about a culture. One has to reflex on the fact that a culture is always changing and that our preparation of our discipline is not often the method one uses in fieldwork. As I reflect back to my own ethnographic research I found that even though I am Mexican-American and part of the Latino culture on campus my own community often challenged my interpretations. My interpretations were often critiqued by the male Latino culture, they felt that the meaning was much deeper and that I could not fully grasp the meaning because of my gender. Thus, I agree being reflective on ones ethnography can one fully add more meaning and understanding of a culture. [1] Emerson et. al. Writing Ethnographic Fieldnotes. Chicago: University of Chicago Press, 1995: 213.

Offer a Close Comparative Reading Essay

Samuel Taylor Coleridge was born in 1772, in Ottery St Mary in Devonshire. During the Romantic era at a time of revolution from 1770-1830. At this time Britain’s economy was experiencing the industrial revolution, consequently creating radical class divisions and an extremely large scale of dissatisfaction between the lower classes and the wealthy classes. In addition The Enlightenment era led the dramatic change in the way in which the Western World viewed Science, Politics, and Philosophy. Particularly English scientists John Locke and Issac Newton shone light upon mans former ignorance regarding physics, biology, nature and human beings. ‘Locke’s ‘An Essay Concerning Human Understanding’ (1690) was hugely influential, due to his philosophical thinking and his mechanical theories on nature. The profound ways of thinking in the 18th Century sculpted the world in which we live in today. The romantic literature of this age was a ‘product of the economic and social period in which they lived in. It is said that ‘the deconstructive reading of Romanticism emphasised its ironies, its self-consciousness and the complexities of the ways in which it brought together philosophy, literature and history. The majority of romantic poets, especially William Wordsworth and Samuel Taylor Coleridge were discontented in this age of science and reason due to the mechanical way of thinking,and the ’emphasis on orderliness, reason and improvement that it displayed. Coleridge and Wordsworth thought this limited the capacity of the mind. They believed that there was a ‘deeper reality inside the the material world and that our spiritual nature can be realized through the use of our imaginations. Anna Barbauld (1743-1825) was another extremely influential English poet of the 18th Century, born in Kibworth, Leicestershire. And along with likes of William Wordsworth, Samuel Taylor Coleridge and Robert Southey they defined Romantic poetry. Barbauld was a famous female writer, and during this era of patriarchy this was quite uncommon, as women in this period were put in a gender role in society fitted into the role of the domestic world and not in the public world. She led a charmed life, and studied at Warrington Academy, and learned Greek and latin, ‘Barbauld was raised as and remained an advocate of the liberal implications of Enlightenment thought. Rationality, compassion, and democratic human rights were the mainstays of her political positions.   She was known for her contribution to romantic era, and during her lifetime was admired for her talent by the young Samuel T. Coleridge. Barbauld had a brief connection with Coleridge. ‘Anna Barbauld had a more complex relationship with the young romantic poets, not least because she lived well into the nineteenth century and she was increasingly treated as a remnant from another age.   Her poem, ‘To Mr Coleridge’ in 1797 is in regard to her meeting with him when he was 25 years of age, he had walked to Bristol to meet with her and to wished to show her a range of his poetry at the time. The poem reflects Barbauld’s initial impression of Coleridge, and her initial judgment of his character, ‘counseling him to pay more attention to his duty and activity, and to watch out for indolence.   It is clear that the poem, ‘To Mr Coleridge’ has a retrospective, and negative tone of voice as she shows her disregard for Coleridge’s humanistic view on the world and his frivolous writing style, as she begins the 43-lined poem in light of his work, and an obvious natural setting, ‘Midway the hill of science’. I think Barbauld purposely chose ‘midway’ to represent a place in his career. The poem uses an allegorical take on Coleridge’s visit as Barbauld describes the grove in line 3, †A Grove extends, in tangled mazes wrought,’ a grove is a reference to a small forest or garden, here Barbauld is using the grove figuratively as a symbol for Coleridge’s imagination. As ‘Romantic poets believe that the imagination is fundamental’. she is trying to suggest that inside this ‘grove’ makes the perception of the outside world warped, as she indicates that it is, ‘fill’d with strange enchantment:-dubious shapes’. She creates an array of natural imaginings along Coleridge’s journey, Barbaulds, ‘To Mr Coleridge’ has a dream-like quality. The imagery used in the first fourteen lines such as, ‘fill’d with strange enchantment’, ‘gloom and mystic visions’ and ‘filmy-net’ represent how Coleridge replaced the systematic way of thinking that the enlightenment brought about by John Locke and Issac Newton, by believing in something else which we cannot see or control. Coleridge believed that, ‘A poem is that species of composition, which is opposed to works of science In lines 10-13 Barbauld is critiquing how Coleridge views an object, ‘obvious to sight and touch’, Coleridge was always ‘concerned with the problem of how the poetic mind acts to modify or transform the materials of sense without violating the truth to nature.   An authoritative tone can be detected by Barbauld in the lines, ‘Filt thro’ dim glades, and lure the eager foot | Of youthful ardour to eternal chase’. She highlights his age with the word ‘youthful'(line 6), suggesting that he inexperienced is still yet to learn many things about the world and be realistic in his views. Line 19 uses the word ‘Indolence’ which was a key word in the time of the enlightenment, meaning, lazy and idle. Like ‘most young people of the time with a grain of idealism he was stirred by the revolutionary enthusiasms of the early 1790s'[12] She allows draws on Coleridge’s ‘vacant mind’ (line 22) Coleridge believed that the mind was ‘the source and the test of art'[13]. The reoccurring theme of ‘youth’ also gives the poem a patronizing element. ‘Barbauld was a literary judge from the older generation, and, through their politics coincided for a period, her rectitude was probably not very comforting to Coleridge'[14] making the generation gap between the two apparent in the poem. The extended metaphor of the hill of science can be seen as a metaphorical journey, ‘Here each mind | Of finer mould, acute and delicate | In its high progress to eternal truth’, the speaker in the poem is narrating the events of a journey through the english countryside, but yet some of the things mentioned aren’t present, here we can see that Barbauld alluding to the work of Coleridge, yet sympathetically suggesting that he has a long way to go before reaching his full potential. Barbauld believes that Coleridge is losing sight of social and political context. Lines 32-34, ‘ Youth belov’d | Of Science – of the Muse belov’d not here, | Not in the maze of metaphoric lore. ‘ Barbauld implies that Coleridge does not have a hold on reality. The ‘spleen-fed fog'(line 40) that is being referred to is a metaphor for Coleridge’s lost sight along his path, and she appeals to his Unitarian nature by ending the poem with ‘Now Heaven conduct thee with a Parent’s love’ (Line 43). ‘This Lime-Tree Bower My Prison[15] by Samuel Taylor Coleridge was also written in 1797 and is a representation of a journey, similarly to Barbauld’s, ‘To Mr Coleridge’. Coleridge wrote the poem after he was unable to join his friends on a walk throughout the countryside, due to an injury, his wife had accidentally scalded his foot with boiling milk, resulting in Coleridge left under the Lime-Tree contemplating all the sights that his friends would encounter. In Coleridge’s poem he uses the speakers train of thought as the narrative for the poem as he breaks his own physical restriction and mentally takes the journey. The poem uses a conversational tone, beginning the poem with, ‘Well. ‘ In addition, due to it being blank verse this allows Coleridge to not have to keep a consistent rhyme scheme or a meter for the poem, and the conversational element adds intimacy for the reader as he describes initially what his friends will encounter on their walk, ‘the poet both observes and meditates out loud as he addresses a silent listener. ‘[16]. Many of Coleridge’s conversational poems were simple and had no poetic form. In the first stanza of the poem there is resentment and isolation represented in Coleridge’s petulant mood as the speaker says, ‘I have lost | Beauties and feelings’ (line 2-3), addressing himself as the ‘I’ in the poem we have a sense of a self-centered Coleridge, he is sat beneath a lime-tree as he pity’s himself over his injury that keeps him from going for a walk with friends. The use of monosyllabic words in the first stanza backs up Coleridge’s attitude to his ‘prison’ at the start. His attitude soon begins to change once he begins to write down his sequence of thoughts, ‘That all at once (a most fantastic sight!) and he then switches from self-pitying to imagining, he connects to his surroundings and enjoys being able to experience nature through his friends journey. It is almost as if Coleridge has an epiphany as he has a moment of realization through his imagination. At the beginning of stanza two there is a significant transition in Coleridge’s perception, starting with ‘Now’ (line 21) we can see that the speaker has thoughts have changed direction and has become a point of reversal, as he starts to re-create the journey through Charles Lamb, who he addresses in the poem, a close friend of Coleridge, and describes him as  Ã¢â‚¬Ëœgentle’. It is clear that Coleridge is happy that Charles is able to embrace in his walk in the countryside, ‘thou hast pined | And hunger’d after Nature, many a year,| in the great City pent’ (lines 29-31). ‘Interest in natural surroundings increased at the time'[17] this was mainly due to the industrial revolution at the time as the City was linked to the mechanical, man-made and urban downsides in contrast to the countryside made naturally by God. In comparison to Anna Barbauld’s, ‘To Mr Coleridge’ throughout both poems both poets continue to capitalize certain words to highlight their significance. And continue to use enjambment as a device to display urgency through lines that run on. In ‘This Lime-Tree Bower My Prison’ he is breaking his physical barrier in the journey, whereas in Barbauld’s poem it is a case of . ‘Coleridge believed that poetic language depended for its effect on the poet’s heightening or intensifying it (through patterning, compression, repetition and so on) and thus making it more specialized and taking it further away from the patterns of everyday speech. A common characteristic that sets the majority of female romantic poets apart from the males is the way many male poets refer to themselves as ‘I’ throughout the text, which Coleridge displays in ‘This Lime-Tree My Bower Prison. ‘ Coleridge also addresses his close friend Charles Lamb in the poem, he repeats the sentiment, ‘My gentle-hearted Charles! ‘ in the second and third stanza a few times, the speaker is putting emphasis on his particular name strategically. Coleridge also makes religious connotations about nature and the divine. He points out that they are, ‘Beneath the wide wide heaven’ (Line 22); and ‘the Almighty spirit, when he makes | Spirits perceive his presence. ‘ (Line 43) In the last few lines of the second stanza leads to the sudden change in mood in stanza three. Coleridge believes that by accessing the ‘imagination is sharing in the creative powers of God. ‘[19] The divine power is manifested by God. Coleridge was Unitarian, a religion that believed in freedom of belief. In the book of genesis in the Bible,’ God said, let there be light, and there was light. ‘ This relates to the metaphor of the imagination as a lamp, an active power that ‘shines onto the external world, changes the way in which we see the world as the light transforms. ‘[20] This is can be reflected through Coleridge’s poem as he is able to project his vision to the readers but it is not what he can seeon the surface. Which is in contrast to John Locke’s which ‘establishes idea of the mind as a mirror, reflecting what it see’s. [21] One of the main differences of these two poems is that Coleridge uses his imagination to create the journey whereas the journey in Barbauld’s poem is that journey was an action that took place. And through nature Coleridge discovers that he has the power to connect to nature rather than separate from it. In Coleridge’s Doctrine of Imagination, Biographia Literaria was on of his most significant work from the romantic era, written much later in his career, however he described the imagination in a way that ‘dissolves, diffuses, dissipates, in order to recreate’.

The Between China And China - 1196 Words

For years, China renminbi has been set each morning, then allowed the currency to get trade in the stock market, but then China economy got in a risk. Two crisis turn into the biggest drop in the renminbi since 1994. One was the burn in Tianjin. The other was the stumble of the stock exchange of Shanghai. Residents had experiencing the explosion at a chemical-producer storage that caused the death and hospitalization of over 600 employees. This tragic incident was the consequence of the corruption of the authorities. The containers were contaminating with exceeding 27 times the safety level of sodium-cyanide. Why nobody was responsible enough to prevent this problem? Inspectors have knowledge of this, but they didn’t do anything at the respect, they only acted as they weren’t allowed of the situation. In my opinion, the competition for jobs in China is in a high demand, the problem of many people is the lack of education, for that reason, they will take any low pay rate, and will work in any condition. Constantly, thousands of people emigrate from small towns to big cities looking for a better job opportunity that could give them enough to support their families. As Zhou Ping mentioned for The New York Times â€Å"Competition is too intense; there are so many people fighting for each job† (Bradsher, 2015) After the explosion, thousands of residents were worry in whether they will be able to go back home. The air was contaminated with chemicals that weren’t safe for theirShow MoreRelatedThe Between China And China842 Words   |  4 PagesThere are 15 interviewees who come from north of China, and 5 people are female and 10 people are male. 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