What Are The Elements of Project Formulation?

Elements of Project Formulation:

                      Project formulation is by itself an analytical management aid. It enables the entrepreneur to arrive at the most effective project decision . Project formulation exercise normally includes such aspects as follows;

1. Feasibility analysis.
2. Techno-economic analysis.
3. Project design & Network analysis.
4. Input analysis.
5. Financial analysis.
6. Social cost benefit analysis.
7. Pre-investment appraisal.