What do you mean by Project Formulation?


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What do you mean by Project Formulation?

Ans:   Project formulation is defined as “taking a first look carefully and critically at a project idea by an entrepreneur to build up an all-round beneficial to the project after carefully weighing its various components.” In short Project Formulation is a process whereby the entrepreneur makes an objective and independent assessment of the various aspects of an investment proposition of a project idea for determining its total impact and also its liabilities.


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MT UVA BMS

MT UVA- University, Vocational and Affiliated Education for BMS

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