________________is the analysis of costs and benefits of a proposed project with the goal of assuming a rational allocation of limited funds.
(A) Project formulation (B) Project evaluation (C) Project appraisal (D) Project Design
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(D) project design
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Project Appraisal is an analysis of the costs and benefits of a proposed project to assume a rational allocation of limited funds.
- Project appraisal means the assessment of the project in a structured way. it is meant for both proposed projects and executed projects.
- Project appraisal includes the following methods of appraisal such as:
- Economic appraisal, Financial Appraisal, Market Appraisal, Technical Feasibility and Managerial Competence.
The answer is(C) Project Appraisal
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