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Q: What are the four main criteria used to test the feasibility of a project?
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What is the general objectives of the feasibility study?

Feasibility is the study of whether or not a project is worth doing. The process followed in making this determination is called a feasibility study. The main objective of the feasibility study is to prepare 1) Project Specification 2) Cost Benefit Analysis 3) Prepare Feasibility Report. The project specification has all the information about the project which is more like a guideline for the project. It gives a great insight to the management about the kind of investment involved for undertaking a project along with the manpower, hardware, software and other factors. Cost Benefit analysis is a method to identify the gross benefit involved in the development and implementation of a new system. Basically, it tells the organization whether they are economically prepared for the project. Feasibility Report contains various feasibility studies like:- Technical Feasibility Economic Feasibility Operational Feasibility Social Feasibility Time Feasibility Management Feasibility And Legal Feasibility.


Site selection criteria for housing development board?

When selecting a site for a housing development board, key criteria to consider include proximity to amenities such as schools, hospitals, and public transportation, availability of infrastructure like water and electricity, suitability of the land for construction, compliance with zoning regulations, environmental factors, and overall feasibility and cost-effectiveness of the project. It is also important to assess the social and economic impact the development will have on the surrounding community.


What are the main step to make a feasibility studies?

can somebody help me learn the techniques to make a very good feasibility studies?


Four main factors of production as applied to a typical project in the construction industry?

The four main factors of production as applied to a typical project in the construction industry include: · land as the capital cost of purchase · labour as the human resource to build the project, · capital as the finance required to invest in the project · entrepreneur as the owner of the company providing the inspiration to complete the project


What are the main parts of a general feasibility study?

Things that are generally feasible are definitely a main part of any government study


What is the main task involved in project manager in developing an App?

The responsibilities of a project manager change from company to company, business to business and project to project. But there are few fundamental responsibilities and tasks that every project manager should follow to manage a project. Here is the framework of four key functions in which a project manager involved.PlanningOrganizingLeadingControlling


What is the main purpose of the Orion project?

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What is the importance of a market feasibility study?

A feasibility study's main goal is to assess the economic viability of the proposed business. The feasibility study needs to answer the question: "Does the idea make economic sense?" The study should provide a thorough analysis of the business opportunity, including a look at all the possible roadblocks that may stand in the way of the cooperative's success. The outcome of the feasibility study will indicate whether or not to proceed with the proposed venture. If the results of the feasibility study are positive, then the cooperative can proceed to develop a business plan


What is the main criterion used by the world bank in classifying different countries.what are the limitations of this criterion?

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Describe the characteristics of a good feasibility study?

A feasibility study's main goal is to assess the economic viability of the proposed business. The feasibility study needs to answer the question: "Does the idea make economic sense?" The study should provide a thorough analysis of the business opportunity, including a look at all the possible roadblocks that may stand in the way of the cooperative's success. The outcome of the feasibility study will indicate whether or not to proceed with the proposed venture. If the results of the feasibility study are positive, then the cooperative can proceed to develop a business plan.


What to write in the project overview of the project?

A project overview is similar to an outline for a paper. In the project overview you want to include many of the main ideas of the project. You do not have to go into details since this is an overview but the main ideas should be included.


What are the three main criteria used to classify stars?

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