What Are The Elements of Project Formulation?


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Project Formulation 2

 

 

Elements of Project Formulation:

 

                      Project formulation is by itself an analytical management aid. It enables the entrepreneur to arrive at the most effective project decision . Project formulation exercise normally includes such aspects as follows;

  1. Feasibility analysis.
  2. Techno-economic analysis.
  3. Project design & Network analysis.
  4. Input analysis.
  5. Financial analysis.
  6. Social cost benefit analysis.
  7. Pre-investment appraisal.

 


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