Task 2: Feasibility Study

In Interactive Telecom Security company, The IT director opened the department staff meeting today by saying "Ive got some good news and some bad news. The good news is that management approved the payroll system project this morning. The new system will reduce clerical time and errors, improve morale in the payroll department, and avoid possible fines and penalties for noncompliance. The bad news is that the system must be installed by January 1st in order to meet new federal reporting rules and we are at the beginning of September, all expenses from now on must be approved in advance, the system should have a modular design if possible, and the vice president of finance would like to announce the new system in a year-end report if it is ready by mid-December.

The question: Conduct feasibility study for the above depicting for feasibility study:

1. Schedule feasibility (where the student can show a table containing due dates of every phase of SDLC).-
2. Interaction between time and costs

3. Can the company or the IT team control the factors that affect schedule feasibility?

   Has management established a firm timetable for the project?

   What conditions must be satisfied during the development of the system?

   Will an accelerated schedule pose any risks?