Title of the Project | SelfRide |
Students Details | 201520185 Laetitia Oukala 201411826 Asma Mirza |
Abstract | SelfRide is non-for-profit ride sharing, cab and a transportation network that can be accessed via a mobile application. It is a perfect solution for students to have an extra income by utilizing their free time giving rides to other students all over United Arab Emirates. SelfRide allows students for advance car booking and car hire for everyday at a lower cost. It includes GPS to map out the route and calculates the distance covered. The importance and goals of the project can be summarized as follows:we are offering university students the opportunity to earn more money at their free time. Socializing with people will make the use of this application enjoyable. It makes sure that the riders comfortable with drivers. It is more secure for girls. it is more reasonable and affordable for university students. The research part in this project is vast and highly detailed. Aspects such as risk analysis in terms of viability and sustainability can be studied. Bench-marking with existing models such as Uber can also be studied. Survey samples from all stake holders can be collected and statistical confidence values for many random variables will also be studied. The feasibility study for such project is important to convince future investors on its financial returns (if they invested in it) specially its target is a narrow domain of customers and it is competing with existing business models. Research regarding legislation and other environment factors affecting the project need to be studied carefully. |