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testing etc.). PI.9. Verify that the target dates indicated in the work plan are in keeping with the resource
requirements outlined and any constraints involved. II FEASIBILITY STAGE (FS)
When this stage is complete an appropriate solution to the problem should have
been determined and a preliminary plan for it implementation designed. User
Requirements may be documented or established thus providing a basis for
identifying the solution. It is of prime importance that enough alternative
approaches be examined. A detailed analysis, at the conceptual level, of the
various alternatives should support a formal justification for the suggested
solution. This analysis should include cost benefit analysis, consideration of
financial and operational controls, and organization compatibility. As in the
project initiation phase, care must be taken that evaluations are objective and
complete and that there is no "built-in" bias towards one particular solution.
Resource requirements for the remainder of the project should be identified and
time and costs estimated for management approval. Broken into appropriate
project phases, these factors will be used to maintain and monitor project
development. Documentation of the above should be contained in a Feasibility
Audit objective: To establish that a feasibility study, including an Overall
Project Plan, has been undertaken to determine the most appropriate
solution to a stated problem in terms of organizational capability,
economic justification, and technical suitability. FS.1 Ensure that steps have been taken by the project team to identify and consult all
affected parties? IT Audit Manual Volume III 74 IT Audit Manual
FS.2 Ensure that a Technological Feasibility Study been prepared and documented? FS.3 Is the proposed technology feasible, considering the technical sophistication
existing or available through the organization?
Review the technology feasibility report to see if it has adequately addressed:
Hardware needs and availability.
System software needs and availability.
Communications hardware and...
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This note was uploaded on 10/27/2013 for the course LAW 10-100 taught by Professor Parsons during the One '10 term at Bond College.
- One '10