CHAPTER 3
Project Formulation
After having gone through this chapter, you should be able to
• Oversee contents of feasibility report
• Understand technical aspects of a project
• Appreciate managerial aspects of a project
• Identify the commercial details of a project
Analyze project rationale
Estimate project cost
Estimate project operating cost
Understand project operating revenues
Estimate project profit, that is, excess of revenues over cost ...
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