Free Technical Feasibility Study Proposal Template

Technical Feasibility Study Proposal


1. Introduction

This Technical Feasibility Study Proposal provides an in-depth evaluation of the technical aspects of the proposed project. It aims to determine whether the project can be successfully executed within the given technical, resource, and time constraints. This document outlines the technical requirements, resources, and challenges associated with the project, as well as a risk assessment and suggested solutions.


2. Project Overview

Provide a brief description of the project, including the main objectives, scope, and purpose.

  • Project Name: Implementation of a Cloud-Based Inventory Management System

  • Objective: To streamline inventory management across multiple locations with real-time data synchronization.

  • Scope: The project includes system design, software integration, and implementation across 10 locations.


3. Technical Requirements

3.1 Hardware Requirements

Component

Specifications

Quantity

Servers

16GB RAM, 4 CPUs, 500GB SSD

5

Workstations

Intel i5, 8GB RAM, 1TB HDD

50

Network Equipment

Gigabit Switches, Routers

10

Backup Systems

1TB Cloud Storage

1

3.2 Software Requirements

Software

Version

License

Operating System

Windows Server 2050

Licensed

Database Management

MySQL 2050

Open Source

Inventory Management System

Custom-built

Proprietary


4. Feasibility Analysis

4.1 Technical Feasibility

  • System Architecture: The proposed system will consist of cloud-based inventory management integrated with existing ERP software.

  • Integration with Current Systems: The new system will integrate with the current accounting and purchasing systems.

  • Technology Stack: The project will use a combination of cloud computing, SQL databases, and API-based integration.

4.2 Risk Assessment

Risk

Likelihood

Impact

Mitigation

Network Downtime

Medium

High

Implement redundant connections.

Data Security Breaches

Low

Critical

Use encryption and secure protocols.

System Compatibility Issues

Medium

Medium

Test system integration extensively.


5. Project Timeline

Phase

Duration

Initial Planning & Design

2 weeks

System Development

6 weeks

Testing & Integration

6 weeks

Deployment & Training

2 weeks


6. Conclusion

Based on the analysis, the proposed project is technically feasible. The hardware and software requirements align with the existing infrastructure, and the technical risks have been identified with corresponding mitigation strategies. We recommend proceeding with the next phase, which involves finalizing the design and securing resources for development.


7. Contact Information

For further information or clarification, please contact:

  • Name: [YOUR NAME]

  • Email: [YOUR EMAIL]

  • Company: [YOUR COMPANY NAME]

  • Phone: [YOUR COMPANY NUMBER]

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