2. Developing a Project Feasibility Reports • Economic Feasibility • Technical Feasibility • Operational Feasibility From the requirements gathered from the analysis it was determined that Gawler sports club will be granted $5,000 by the government, but the owner of the sports club wants to spend extra money for the installation of the database management system. Since the owner is willing to spend extra money, he allows another 4000 for the complete project. This money goes towards the purchase of new computers, database software, new ISP, training, printer scanners, fax machines, phones, and a backup and recovery plan. The total amount granted for this project is actually $9000 because the owner wants a reliable database software that has the ability to expand or add more features in the future and the computers should also be able to be upgradable. This is the graph showing the actual cost and benefits per year. For each calculation the formula is used and at the end we can compare the results. Let's assume the discount rate is 10%. We determine that $5,000 has been awarded for the project plus $4,000 that the owner is willing to spend. This is shown in the Cost field which is ultimately calculated as Total. After using the formulas to calculate the discounted benefits, cost we calculate the NPV or “Net Present Value”. If the NPV is ultimately negative, we should stop and go back to our cost plan because it would not be profitable to start this project. If in the end the NPV is positive as in our case NPV=2044.067 then our project is on the right track, which means that it is a profitable project. From the table we can see that the RIO or return on investment starts at the beginning of year 2, when our field starts to turn positive, this is also known as the recovery year. From the table above we conclude...... half of the document ......I want a new database management system for recording, printing and viewing member information. His company now has a limited number of members, so he doesn't want to have a complex and very expensive management system. The database system must perform the following tasks: • Registering new members • Viewing data of all members • Deleting members • Printing member data • Connect with accounting basis • Viewing your payment details • Viewing your personal information of all members At this stage it was stated that its staff are not technically qualified, meaning that Gawler Sporting staff must undertake training to learn how to use the new system. Hardware and software requirements were also identified at this stage. Since the Gawler sports club does not have a huge number of members, the management and analyst decide to choose software and hardware that can be updated in the future.