Before most corporations will embark on project

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Before most corporations will embark on a project, the project normally needs to be justified and approved. This commonly involves a feasibility study or some other business need justification. This study is normally done during the project charter phase. Let’s discuss this important aspect of a project charter. What are some types of feasibility (such as economic, political, technical, operational, schedule, and legal) that should be considered and which should have more importance? Why? Also, what are some typical financial project justification methods? Which methods are good and which are not as good? Which methods are most popular in the corporate world?

Reference no: EM132273708

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