Economic feasibility-is the solution affordable

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Reference no: EM132434176

Project Proposal

To begin this assignment, come up with a name for a company you wish to use. Now, imagine that you have been assigned as a project manager for this company. You had a meeting with a group of administrators who have pointed out a significant drop in product sales and customer complaints related to placing an order and searching the items. The company is losing customer trust. You have been assigned as a project manager to identify the problems and manage your company's new or updated e-commerce website, where customers can browse the company's products, place orders, and interact with the company's customer service representatives. Be mindful that the company's e-commerce website can be viewed on a smartphone and should have an Android or iPhone app.

Write a report in which you:

1. Describe the problem - What is going wrong and why are things not as efficient as they could be?

2. Establish some end goals for this undertaking - What do you want to be able to accomplish with these improvements?

3. Propose a solution - How specifically will you achieve that goal? What steps will you take to correct the problem?

4. Provide a feasibility analysis that contains the following elements:

a. Time feasibility - Can this be solved in a finite time span?

b. Economic feasibility - Is the solution affordable?

c. Technical feasibility - Is the solution possible given current technology?

d. Legal feasibility - Are there any laws or regulations that could hinder the project?

e. Operational feasibility - Can the solution fit into existing business processes?

5. Develop a Project Scope Statement that encompasses the following elements:

a. Scope description

b. Key milestones and deliverables

c. Assumptions and constraints.

Reference no: EM132434176

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