Answer is YES, but you should think, what do you want to see as a result. General scheme is something like this:
1. You install server (actually it may be just your PC, but it should be online 24x7) with SNMP Server. Depending on what you want tohave (and mostly on your budget), you may go with commercial products (HP OpenView, CA UniCenter, etc.), with Freware Linux SNMP Server (???), or just with Freeware Windows-based SNMP Servers (like Kiwi SysLog, etc). Functionality and overhead goes in reverse with a price. Linux solution is very flexible, but may require some programming experience. Free Windows applications will just collect statistics.
2. You configure your Switch with SNMP parameters (Community Strings, SNMP Traps, SNMP Destination). Look manufacturers manual how to configure traps to go to specific server.
That's almost all. Again, think about time and money you may spend doing all this stuff, if it worth that. From my experience, such projects will die on 40-60%of the way.
Good luck,