Potential Technology :Home automation technology
Task
With your team of no more than five members prepare a full Opportunity Assessment and Feasibility Report that outlines the potential of a technology or business concept of your team’s choice to form a new venture. IMPORTANT: This is not a business plan but a comprehensive analysis of a business idea/concept that recommends whether the idea provides an arguable business opportunity before proceeding with full business planning and business start up activity
Potential Technology :Home automation technology
My part in the report
Methodology:
discussion on method of analysis for feasibility study
Return on Investment (ROI) analysis for comparing overall profitability
ROI = Estimated lifetime benefits - Estimated lifetime costs Estimated lifetime costs or
ROI = Net Present value / Estimated lifetime costs
SWOT Analysis
- STRENGTHS WEAKNESS MAINTAINING THESE S