Project Appraisal Step

Economic Aspects Technical Aspects Organisational Aspect Managerial Aspect Financial Aspect

Economic Aspect
The economic aspect of the appraisal are fundamental as they are logically precede all other aspects this is so because the bank will not finance the project unless it stands assured that the project represent a high priority use of regions resources.

Technical Aspects
Techinical apprisal of a project contains Raw material supply Transportation facilities Power and fuel supply Water Manpower Labour law and government policy

Organizational Aspect
As a lender and a development institution the bank places particular stress on the need for an efficient organization and responsible management for the execution of the project

Managerial Aspect
It is rightly pointed out that if the project is week, it can be improved upon, but if the promoters are week and lack in business acumen, it is difficult to reverse the situation.

Financial Aspect
The purpose of the appraisal of financial aspect of a project is generally to ensure its inflation of financial condition for the sound implementation and effective operation.