Yes, for sure.
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Payback period method is the strategy used to calculate the amount of time that a given investment will take to recover the initial cost. The amount of time will help in deciding whether the project is viable or not. The shorter the period the more viable the project.
This is important because it works to conclude whether or not a project is viable. This saves time and money when choosing projects to push forward.
Project viability states outcome of a project must be prudent and profitable comparing with its associated cost, time, quality, and manpower requirement. For ex: a project is not consider viable if its value exceeds its costs. Rajib Dev (JnU)BD.
The cost vs benefit analysis of implementing this new project involves comparing the expenses of the project with the potential gains or benefits it may bring. This analysis helps determine if the project is financially viable and if the benefits outweigh the costs.
Heifer Project International is certainly an admirable project. However, there have been a number of problems arising from the donation of livestock instead of cash. For that reason, organizations like Givewell do not consider it a viable way to donate aid.
viable entity
Yes
Not Economically Viable was created in 2004.
It is crucial to explore sustainable agricultural practices that are economically viable for farmers.
Preliminary analysis will determine from the start whether the concept is viable. Interim analysis allows for continual data collection to influence the termination of the project.
The current methods are not working and we need a viable alternative. Without water and sunlight, the plants are not viable.