Question

Definition of technical appraisal in project management

Answer 1

Answer:

Project appraisal is the process of assessing, in a structured way, the case for proceeding with a project or proposal, or the project's viability. It often involves comparing various options, using economic appraisal or some other decision analysis technique. ... TECHNICAL APPRAISAL.

Answer 2

Technical appraisal is a method of inspection to ensure that a project is potentially designed, engineered and followed the accepted standards.

Explanation:

• This will vary from project to project based on the requirement.
• Appraisal means Inspection, assessing or verifying. A project will be assessed using various appraisal methods such as technical appraisal, legal appraisal, Economical appraisal etc., in order to identify its potential for successful completion and ROI.
• These are said to be decision analysis techniques. Technical appraisal, analysis in a project will mainly concentrate on various basic significant parameters. For Example: materials inputs, technology, Plant capacity or capacity plans, equipment used, etc.

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