feasibility involves the capability of the organization to raise the appropriate funds needed to implement the proposed project?
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Feasibility does evaluate the funds and the timeline needed for a project.
- The principle examines a potential plan's viability in order to assess if it is probable to advance. It also evaluates the costs associated with it.
- Managers must establish if they have adequate personnel, financial resources, and appropriate technology as part of the study.
- It examines the project's administrative and operational framework, ensuring that the proponent's structure stated in the submittal is appropriate for activity being conducted.
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