Chapter 2 Planning Phase Accident Detection
Chapter 2 Planning Phase Accident Detection
2.1 INTRODUCTION
This chapter focuses on the second part of this research which is the planning phase.
(Berisha, 2022) claims that prior to actually beginning the project plan, it is important to
consider how the goals must be conveyed to the project and how the plans must be spread.
Typically, the client provides a summary of terms of reference, and the project leader needs to
respond with a proposed plan. This procedure is followed before shifting on to a more in-
depth examination of the nature and role of the planning. (Gratton and Gratton, 2020) asserts
that for effective planning, projects require planning for time, resources and finances. A
numerical network analytical method should be used to create a Gantt chart from the project
plan. All resources should be defined, and their provision and ease of access should be
scheduled for way in advance. All monetary costs should be approximated, authorized, and
any purchases made through ministry-approved channels; actual expenditure must then be
estimated and summed up.
2.2 Business Value
A projected is supposed to meet the demand of its users as well as bring some value that can
be notable. (Paradza and Daramola, 2021) asserts that business value can be explained as
specifiable or quantifiable merits that are a result of the project to the users and developers.
The benefits can be tangible or intangible, tangible listing from utility, share and equity just
to mention a few while the examples of intangible include goodwill, brand recognition and
strategic alignment. The system is an automation accident detection. While the
implementation of this system comes with notably high costs, it is a good move towards
modern day ways of operations. The world is digitizing in every aspect and this early
adaptation of technology is good for the organization’s competitiveness as it helps avoid
redundancies common in record-keeping. The performance of this system will also see
increased efficiency in time taken in serving citizens as well as some concept of directness.
Hospital and police can receive communication about accidents scenes and this helps reduce
time taken by ambulance in rescuing passengers.
Market value
(Sanders, 2019), defines market value as the most likely cost of a property under competitive
conditions as well as all required conditions for a sale to be considered legal and fair, taking
into account that the price does not succumb to undue stimulus. The accident detection
system will bring draw new members to the surface and this will in turn cause a sudden
decrease in death when accident occurs. The ability to generate statistical reports will also
mean that the market value will rise.
2.2.2 Customer value
(Yamamoto and Universitesi, 2021) defines customer value as the percentage deviation a user
gets from acquiring and using a good or service and the price of securing the product. The
proposed system will be created with an interface that is not complex and this friendliness is
intended to increase client satisfaction
2.2.3 Future value
(Gregory, 2020) denotes that future value is focused on important metrics used to quantify
credit exposure, in short. With emerging technologies on the rise, there is plenty of room for
upgrading so that the value of the system is maintained in terms of its purpose. The projection
that in the future, the system can have more features that help benefit passengers shows the
depth or the value the system is going to accumulate in the future.
2.3 Feasibility study
According to (Verma, 2020), a feasibility study provides an overview of a proposition to
assess the complexity of performing a specific activity. A feasibility study investigates the
project's viability with an emphasis on addressing possible issues and simply trying to reply
one key question: Would the concept function and should you pursue it? In other words, it is
analyzing a problem to see if it can be resolved and this is done in the early stages of
initiation to avoid significant expenses unnecessarily. Feasibility study deals with planning,
analyzing, selecting and financing the project, therefore it requires to elaborate tools and
criteria for appraisal and evaluation of the technical, financial, economic, commercial and
organizational eligibility.
Economic feasibility
The process of finding if a new project is good enough to justify the time and cost investment
is known as economic feasibility analysis. It is also referred to as a cost-benefit analysis. The
said type of analysis considers the costs including both establishing and running the new
project. The process is a method of decreasing the risk of attempting new projects. A variety
of factors are considered, and if they prove also that concept is economical, it is usually
accepted. Some of the considerations to be taken under economic feasibility include client
needs and the success rate of similar past projects. A lot of similar factors will be analyzed
and an end result that is positive would show both a benefit in general terms and also
reduction in expenses is another benefit that can be arrived at by performing cost benefit
analysis and payback period among other methods.
2.3.2 Cost benefit analysis
(Koopmans, Amsterdam and Mouter, 2020) asserts that Cost-Benefit Analysis quantifies a
project’s value in society by measuring its influence and creating and costs monetary
comparable. CBA is by far the most widely used tool for evaluating most projects. The
proposed system will make use of this system in trying to see how much benefit outweighs
the implementation costs. Expenses range from operating, resources and to train users.
1 Hub 3 Ports 50
TOTAL 1 550
Table 2.2 Development costs
2.8 Conclusion
The body concludes that this project is viable and it is feasible to carry on with the project
because it it is worth as proven by financial techniques that were used. The passing from this
stage means a green light to advance to the analysis stage.