Feasibility Report Template 1.0
Feasibility Report Template 1.0
FEASIBILITY Report
Tour and Travel Management
23rd June2016
(TL) Akshay Arora ( 02916702014)
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Feasibility Report
TABLE OF CONTENTS
1.1 Purpose.............................................................................................................................4
1.2 Scope................................................................................................................................4
1.3 System Overview............................................................................................................4
1.4 Project References..........................................................................................................5
1.5 Acronyms and Abbreviations........................................................................................5
1.6 Points of Contact............................................................................................................5
1.6.1 Information..............................................................................................................................................5
1.6.2 Coordination............................................................................................................................................5
2.1 Environment...................................................................................................................6
2.1.1 Organizations Involved...........................................................................................................................6
2.1.2 Input/ Output...........................................................................................................................................6
2.1.3 Processing...............................................................................................................................................6
2.1.4 Security...................................................................................................................................................6
2.1.5 System Interaction...................................................................................................................................6
2.1.6 Physical Environment.............................................................................................................................6
2.2 Current Functional Procedures....................................................................................7
2.3 Functional Objectives....................................................................................................7
2.4 Performance Objectives................................................................................................7
2.5 Assumptions and Constraints.......................................................................................7
2.6 Methodology...................................................................................................................7
2.7 Evaluation Criteria........................................................................................................7
2.8 Recommendation............................................................................................................8
3.1 Description of Proposed System...................................................................................1
3.2 Improvements.................................................................................................................1
3.3 Time and Resource Costs..............................................................................................1
3.4 Impacts............................................................................................................................1
3.4.1 Equipment Impacts.................................................................................................................................1
3.4.2 Software Impacts.....................................................................................................................................1
3.4.3 Organizational Impacts...........................................................................................................................1
3.4.4 Operational Impacts................................................................................................................................2
3.4.5 Developmental Impacts...........................................................................................................................2
3.4.6 Site or Facility Impacts...........................................................................................................................2
3.4.7 Security and Privacy Impacts..................................................................................................................2
3.5 Rationale for Recommendations..................................................................................2
4.0 Description of [Alternative System Name]......................................................................3
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NOTE TO AUTHOR: Highlighted, italicized text throughout this template is provided solely as
background information to assist you in creating this document. Please delete all such text, as well
as the instructions in each section, prior to submitting this document. ONLY YOUR PROJECT-SPECIFIC
INFORMATION SHOULD APPEAR IN THE FINAL VERSION OF THIS DOCUMENT.
The Feasibility Study is used to provide an analysis of the objectives, requirements, and system concepts
of the proposed system, including justification, schedule, and end products. During this analysis, the
objectives of the system are defined based on the needed functions described previously. Included in
these system objectives are the high-level functional and performance objectives and any assumptions
and constraints. When the system objectives have been identified, the various alternatives for satisfying
those objectives are determined. For each alternative, the costs in time and resources are estimated. A
determination is then made as to the most feasible development alternative.
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1.1 Purpose
The purpose behind a project feasibility study is to know the different variables involved
with your business venture and how it will be accepted on the open market along with who will
be the target audience. Included in the project feasibility study will be the exploration of the
main focus of the business opportunity along with the alternative paths it could follow. By
collecting this data, management can then make an informed decision on which path should be
pursued in order to create the most profitable revenue stream for the company.
1.2 Scope
1. The Project Scope which is used to define the business problem and/or
opportunity to be addressed. The old adage, "The problem well stated is half
solved," is very apropos. The scope should be definitive and to the point; rambling
narrative serves no purpose and can actually confuse project participants. It is also
necessary to define the parts of the business affected either directly or indirectly,
including project participants and end-user areas affected by the project. The
project sponsor should be identified, particularly if he/she is footing the bill.
I have seen too many projects in the corporate world started without a well defined
project scope. Consequently, projects have wandered in and out of their boundaries
causing them to produce either far too much or far too little than what is truly
needed.
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2. The Current Analysis is used to define and understand the current method of
implementation, such as a system, a product, etc. From this analysis, it is not
uncommon to discover there is actually nothing wrong with the current system or
product other than some misunderstandings regarding it or perhaps it needs some
simple modifications as opposed to a major overhaul. Also, the strengths and
weaknesses of the current approach are identified (pros and cons). In addition, there
may very well be elements of the current system or product that may be used in its
successor thus saving time and money later on. Without such analysis, this may
never be discovered.
Analysts are cautioned to avoid the temptation to stop and correct any problems
encountered in the current system at this time. Simply document your findings
instead, otherwise you will spend more time unnecessarily in this stage (aka
"Analysis Paralysis").
3. Requirements and how requirements are defined depends on the object of the
project's attention. For example, how requirements are specified for a product are
substantially different than requirements for an edifice, a bridge, or an information
system. Each exhibits totally different properties and, as such, are defined
differently. How you define requirements for software is also substantially different
than how you define them for systems.
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After the total cost of the project has been calculated, a cost and evaluation
summary is prepared which includes such things as a cost/benefit analysis, return
on investment, etc.
6. Review that all of the preceding elements are then assembled into a Feasibility
Study and a formal review is conducted with all parties involved. The review serves
two purposes: to substantiate the thoroughness and accuracy of the Feasibility
Study, and to make a project decision; either approve it, reject it, or ask that it be
revised before making a final decision. If approved, it is very important that all
parties sign the document which expresses their acceptance and commitment to it;
it may be a seemingly small gesture, but signatures carry a lot of weight later on as
the project progresses. If the Feasibility Study is rejected, the reasons for its
rejection should be explained and attached to the document.
Conclusion
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comparative analysis when preparing the final Project Audit which analyses what
was delivered versus what was proposed in the Feasibility Study.
This report is a result of the Hotel, Tour & Travel management System. Feasibility Study is
prepared for the college. It was funded & supported through college management the study
addresses importance of tour & travels.
In this report there are many things which are related to tour & travel management and also
how it works , what it contains &so on
This was a short overview about a report & now let us get to know about this report in full
details .
Faculty
Internet
www.makemytrip.com
www.yatra.com
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LAB-Laboratory
Admin- Administrator
After thoroughly analyzing the existing system the following objectives were set:
1.6.2 Coordination
Provide a list of organizations that require coordination between the project and its specific support
function (e.g., installation coordination, security, etc.). Include a schedule for coordination activities.
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2.1 Environment
INPUT REQUIREMENTS:-
• Bookings.
• Mode of Transport.
• Package Selection.
• Reservation.
OUTPUT REQUIREMENTS:-
• Status of Booking
• Payment Details
• Reservation Details
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2.1.3 Processing
HARDWARE REQUIREMENTS:-
Development Time
Development Time
• Microsoft Word
• Browser (google chrome)
• Power Point
SOFTWARE REQUIREMENTS
Development Time
Operating System
Net Beans
Browser-any
Microsoft Office
Development Time
Operating System-any
Browser-any
2.1.4 Security
At the entry level login ID and Password is required to enter into the system. After that a session is
maintained at each level of module.
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This is a TOUR AND TRAVEL website; we are connected with TRAVEL AND TOUR System our database is
common.
Since we are creating this model at the college level so we will be focusing on the tour and travel
modules & solutions and then create the website.
The functional analyst provides support with a Tour and Travel website and has an understanding
of Travel website. Direct experience with integrated systems, analysis, implementation
reporting.
Must be able to work in a high pressure, ever changing & client-centered environment.
Detail knowledge and advanced proficiency with a Tour and travel website and reporting tools as
well as all MS office.
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Determine the assumptions and constraints, such as operational life of the proposed system; period of
time for comparison of system alternatives; input, output, and processing requirements; financial
constraints; changing hardware, software, and operating environment; and availability of information and
resources.
2.6 Methodology
The WATERFALL MODEL is a sequential process, used in software development processes, in which
progress is seen as flowing steadily download (like waterfall) through the phases of conception, initiation,
analysis, design, construction, testing production/ implementation and maintenance.
The waterfall development model originates in the manufacturing and construction industries: highly
structured physical environments in which after-the-fact changes are prohibtly costly, if not impossible.
Since no formal software development methodologies existed at the time, this hardware-oriented model
was simply adapted for software development.
Once an application is in the testing stage, it is very difficult to go back and change
something that was not well-thought out in the concept stage.
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The criteria which we adopted are that in a particular time we have collected the information which is
related to our project and then we gather it all and finally created our project.
2.8 Recommendation
N/A
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3.2 Improvements
Improvements are the modification that is regularly needed in any system at the maintenance time to
improve its action.
The improvement of system in terms of the objectives will make the project more feasible.
The approx time which is needed to develop our project is 6 months. The resources which we require in
project are: laptop, net beans, electricity and so on.
3.4 Impacts
In actual, the project is concerned too much the need of adding any additional equipments and the already
existing equipment will be efficient to perform the work effectively.
However, in order to increase the performance of the system, more processors can be attached.
To run this system accurately, it is preferred to use browser like Google chrome, Internet explorer.
This project needs to put more focus on the logics and syntax. So it is required to improve the logical and
syntax error.
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4. Alternative System
Suppose that the user’s login into a system he /she will get the application about the tour and travel and
the other department will send the information about the existing as well as the new equipments. The
admin will keep the records & he/she will update the records.
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