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What does the technical feasibility analysis of a project primarily involve?
- a)Estimating the project's financial requirements.
- b)Assessing the potential for marketing the product.
- c)Identifying suitable sources of finance.
- d)Examining the availability of required inputs and technology.
Correct answer is option 'D'. Can you explain this answer?
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What does the technical feasibility analysis of a project primarily in...
Technical Feasibility Analysis of a Project
Examining the availability of required inputs and technology:
- This primarily involves assessing whether the necessary resources and technology needed for the project are readily available or can be acquired within a reasonable timeframe.
- It includes evaluating factors such as raw materials, equipment, skilled labor, and infrastructure to determine if they are accessible and can support the project's requirements.
- The analysis also considers the compatibility of the project with existing technology and the feasibility of adopting new technologies if required.
- By conducting a thorough examination of the availability of inputs and technology, the project team can identify potential challenges and develop strategies to mitigate risks and ensure the successful implementation of the project.
Examining the availability of required inputs and technology:
- This primarily involves assessing whether the necessary resources and technology needed for the project are readily available or can be acquired within a reasonable timeframe.
- It includes evaluating factors such as raw materials, equipment, skilled labor, and infrastructure to determine if they are accessible and can support the project's requirements.
- The analysis also considers the compatibility of the project with existing technology and the feasibility of adopting new technologies if required.
- By conducting a thorough examination of the availability of inputs and technology, the project team can identify potential challenges and develop strategies to mitigate risks and ensure the successful implementation of the project.
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What does the technical feasibility analysis of a project primarily in...
Technical feasibility analysis involves assessing the availability and cost of various inputs required for production and ensuring the appropriate technology is used.
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What does the technical feasibility analysis of a project primarily involve?a)Estimating the project's financial requirements.b)Assessing the potential for marketing the product.c)Identifying suitable sources of finance.d)Examining the availability of required inputs and technology.Correct answer is option 'D'. Can you explain this answer?
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What does the technical feasibility analysis of a project primarily involve?a)Estimating the project's financial requirements.b)Assessing the potential for marketing the product.c)Identifying suitable sources of finance.d)Examining the availability of required inputs and technology.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What does the technical feasibility analysis of a project primarily involve?a)Estimating the project's financial requirements.b)Assessing the potential for marketing the product.c)Identifying suitable sources of finance.d)Examining the availability of required inputs and technology.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the technical feasibility analysis of a project primarily involve?a)Estimating the project's financial requirements.b)Assessing the potential for marketing the product.c)Identifying suitable sources of finance.d)Examining the availability of required inputs and technology.Correct answer is option 'D'. Can you explain this answer?.
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