Project Appraisal By Financial Institutions

Project Appraisal By Financial Institutions

Project appraisal is the process by which a financial institution makes an independent and objective assessment of the various aspects of the investment proposition for arriving at a financing decision.

Broad aspects of appraisal

There are four broad aspects of appraisal

1. Financial feasibility
2. Technical feasibility
3. Economic feasibility
4. Management competence
5. Market appraisal