Question

what are the factors to be considered when selecting the project?​

Answer 1

Answer:

These factors are related to time, cost, scope, quality, owner organization, cash flow, project characteristics, risk and relationships. It is important that owners understand these factors as it will assist them in making the right choice for their projects.

Answer 2

There are various factors that should be considered when selecting the project are economic, social, and legal feasibility.  

Explanation:  

The factors that should be taken into consideration before selection of project are:  

• The economic, social, and legal feasibility of the project to determine the acceptance of the same in the society.
• The profitability and return on the employed resources.
• The practicability of the project and the chances of its failure.
• The number and amount of resources, efforts, time, and manpower required for the project.
• The final outcomes and changes that the project will have on the locals.