Question
Which of the following statements are not correct:
1. Project Design and network analysis refers to detailed work plan to the project and its time profile 2. There is a prescribed format for the preparation of a project report. 3. A project plan is a formal, approved document that is used to manage and control a project. 4. The promoter’s capacity and competence should be examined with reference to their management background, traits as entrepreneurs, business or industrial experience 5. The Economic Appraisal consists of two parts: measurement of the distribution of the income due to the project and identification of the impact on the basic needs objectives of the society.Solution
There is no prescribed format for the preparation of a project report. Measurement of the distribution of the income due to the project and identification of the impact on the basic needs objectives of the society are parts of Social/distributive Appraisal and not Economic appraisal
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