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FEASIBILITY STUDY
Feasibility study is to check the viability of the project under consideration. Theoretically various
types of feasibilities are conducted, but we have conducted three type of feasibilities explained as
under.
ECONOMIC FEASIBILITY
With the manual system the operating cost of the system is about 60 Lacks P.A.. This cost
comprises salary of 25 people, stationary, building rent, electricity, water, telephone etc. But with
the new system this reoccurring cost comes out to be about 20 Lacks P.A. Hence the new system is
economically feasible.
TECHNICAL FEASIBILITY
The new system requires only 6 trained person to work with the system and in overall 10 people
per office are sufficient. So we will identify 6 best people from existing system and train them.
As our existing system is purely manual, so we need a one time investment of Rs 4 Laks for the
purchase of 7 computers, 5 Ticket printers, a laser printer, AC and networking etc. It requires 20
Lacks PA as a operating cost.
With the above details our system is technically feasible as after investing 24 Lacks in a year, the
company is still saving Rs 25 Lacks PA.
OPERATIONAL FEASIBILITY
The new solution is feasible in all sence but operationally it is not. The new system demands the
expulsion of at least 15 people from the company. It creates an environment of joblessness and fear
among the employees. It can lead to an indefinite strike in the company also. So the management
must take corrective actions prior in advance in order to start the further proceedings.