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Feasibility Matrix Example

Plan C (MS Access) is recommended for solving the HR problems experienced by the company as it scores the highest in the feasibility analysis matrix. It can solve the HR problems completely with adequate features for employee punctuality monitoring and project monitoring. While it has higher initial costs than the other options, it has the shortest payback period and highest net present value. Plan A (WebHR) and Plan B (Effortless HR) are also feasible options but do not provide as comprehensive solutions and benefits as Plan C.

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4K views2 pages

Feasibility Matrix Example

Plan C (MS Access) is recommended for solving the HR problems experienced by the company as it scores the highest in the feasibility analysis matrix. It can solve the HR problems completely with adequate features for employee punctuality monitoring and project monitoring. While it has higher initial costs than the other options, it has the shortest payback period and highest net present value. Plan A (WebHR) and Plan B (Effortless HR) are also feasible options but do not provide as comprehensive solutions and benefits as Plan C.

Uploaded by

maria_ng_4
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
  • Feasibility Analysis Matrix: Presents a matrix comparing different plans based on operational and technical feasibility criteria.
  • Detailed Feasibility Metrics: Provides detailed economic and schedule feasibility metrics including cost, payback period, and ranking.

E.

Rationale for Recommendations

i. Feasibility Analysis Matrix

Feasibility Criteria

% Wt

Plan A WebHR

Plan B Effortless HR There are enough features to solve the problem of monitoring the employees punctuality, but only minimal for the project monitoring, and only few additional benefits.

Plan C MS Access Solves the HR problems experience by the company completely.

Operational 30% Features can help Feasibility the company to Functionality. A solve the problem description of and gives to what degree additional the benefits to the HR candidate department of the would benefit company. the organization and how well the system would work.

95% Technical 30% The software is Feasibility already available Technology. and is fully An assessment functional. of the maturity, Minimal risk of availability (or outdated system. ability to Requires minimal acquire), and hardware and desirability of software support. the computer technology needed to support this candidate. 95%

80% The software is already available and is fully functional. Minimal risk of outdated system. Requires minimal hardware and software support.

100% The system is not yet available.Higher software and hardware requirement. Having risk of outdated system in coming years. Requires technical talents in handling the system.

95%

70%

Economic Feasibility

30%

Cost to develop (Per year):

23, 516.80 Pesos

23, 516.80 Pesos

127 ,000 Pesos

Payback period (discounted):

0.19 years or 2.28 months

0.19 years or 2.28 months

0.45 years or 5.4 months

Net present value:

1,383,490.36

1,383,490.36

827,491.42

Detailed calculations:

100% Schedule 10% Feasibility An assessment of how long the solution will take to design and implement. 12 Days

100% 12 Days

80% 27 Days

100% RANKING 97%

100% 92.5%

90% 84%

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