What are the components of technical appraisal?

What are the components of technical appraisal?

Technical Analysis of a Project – Project Management

  • Material Inputs and Utilities.
  • Manufacturing Process/Technology.
  • Product Mix.
  • Plant Capacity.
  • Location and Site Development.
  • Machineries and equipment.
  • Structures and Civil works.
  • Projects Charts and Layouts.

What is technical appraisal of property?

A technical appraisal is an important stage in the whole process of availing a housing loan. This part of an appraisal process covers the documentation and legal aspects of housing loans, and is done once the credit appraisal process is over.

What is the purpose of project appraisal?

Project appraisal is the process of assessing, in a structured way, the case for proceeding with a project or proposal, or the project’s viability. It often involves comparing various options, using economic appraisal or some other decision analysis technique.

Why selection of appropriate technology is important under technical aspect of project appraisal?

Technology selection represents a crucial decision in the early stages of a project which can have a substantial impact on the economic viability of the project. Hence the need for a disciplined technology evaluation methodology to ensure that the most appropriate, efficient and cost effective solution is selected.

What is the importance of technical analysis in analysis of project proposal?

Technical analysis represents study of the project to evaluate technical and engineering aspects when a project is being examined and formulated. It is a continuous process in the project appraisal system which determines the prerequisites for meaningful commissioning of the project.

What are the tools of appraisal?

Performance Appraisal Tools and Techniques

  • Ranking.
  • Paired Comparison.
  • Forced Distribution.
  • Confidential Report.
  • Essay Evaluation.
  • Critical Incident.
  • Checklists.
  • Graphic Rating Scale.

What is technical report in mortgage loan?

In the technical assessment, the lender sends a team of technical experts to evaluate the property’s physical health, building specifications, and market value. They also examine the cost of raw materials procured, labour costs, and other details regarding the construction.

What is Fi in loan process?

FI for bank loan purpose implies Field Investigation. FI Report can be negative due to multiple factors :- – Door found locked.

What is institutional appraisal?

An Institutional Appraisal assesses the soundness of institutional arrangements for implementing the Project. □ It covers. ∎ ORGANISATIONAL arrangements, ∎ adequacy of PERSONNEL & examines the their HIERARCHICAL line of authority, ∎ FINANCIAL MANAGEMENT processes, including fund flows, capacities of the people involved …

What is project appraisal techniques?

The techniques of project appraisal includes discounted techniques that takes into account the time value of money and include (a) Net Present Value (NPV), (b) Benefit Cost Ratio (BCR), (c) Internal Rate of Return (IRR) (d) Sensitivity Analysis.

What is an example of appropriate technology?

Well-known examples of appropriate technology applications include: bike- and hand-powered water pumps (and other self-powered equipment), the universal nut sheller, self-contained solar lamps and streetlights, and passive solar building designs. …

How do you choose appropriate technologies?

From a more traditional perspective, a technology is appropriate when its application meets one of three criteria. First, it should be in response to (or in anticipation of) specific and clearly defined goals that result in enhanced skills for the student.