System Analysis and Design Lecture 3

Study Notes

System analysis and design involves planning, management, and progress tracking.
A 72% progress was reported.

The lecture focused on feasibility analysis.
Learning objectives included creating system requests, describing technical, economic, and organizational feasibility assessments, and performing feasibility analysis.

The previous lecture covered system request creation.
The completed system request is submitted for steering/approval committee consideration.
The steering committee is composed of individuals responsible for information systems decisions, senior executives, or other relevant decision-making bodies.
This committee reviews the request, and determines if the project warrants investigation based on provided information.
If it does, the next step is to conduct a feasibility analysis.

It guides organizations in deciding whether or not to proceed with a project.
Important project risks must be identified and managed.
It involves analyzing technical, economic, and organizational feasibility.
The results of this three-part analysis are combined into a feasibility study delivered to the approval committee at the beginning of the project's initiation.

Focuses on the extent to which a system can be successfully designed, developed, and installed.
It involves addressing the question, "Can we build it?"
Factors such as familiarity with the application and technology, project size, and system compatibility create risks.
Larger projects, lack of familiarity with an application, and new technology increase these risks.
A system that uses existing technology presents fewer risks than a completely new system.

It determines the financial viability of a project.
It uses a cost-benefit analysis to evaluate project costs and benefits.
This analysis assesses if the project should be developed.
Organizational resources are finite, and factors should be considered when evaluating projects.
The detailed analysis depends on the project's cost.

It involves identifying costs and benefits, assigning values, and determining cash flow.
Evaluating the project's economic value, calculating ROI, BEP, and NPV.
Costs and benefits often include development costs, operational costs, tangible benefits, and intangible benefits.

It evaluates the system's adoption and integration into the organization.
Stakeholders are identified for analysis; stakeholders are people, groups, or organizations affected or potentially affecting a new system.
Key stakeholders include project champions, user groups, and organizational managers.
System users must be considered and involved.