Watch this video, which covers how to evaluate a project's potential to be effective. Companies use certain methods to choose the right project and prepare a project feasibility report. In developing a project feasibility report, you have to consider whether the project is worthwhile by evaluating economic,
financial, and technical factors. This lecture will go through the process of project identification, appraisal, and selection. You will learn how to calculate the net present value (NPV), internal rate of return (IRR), payback period, loan return capability, and so on. This will help you understand how to create an initial assessment of a project's viability.