Following factors need to be consider
-Reviewing the strengths, weaknesses, opportunities, and threats faced by a project helps decision makers focus on the big picture.Challenges that are to be faced should be clearly defined with the outcome of either success or what will have to do in case of failure.
-Operating requirement of the project should be done properly like report should be clear, focused, and unbiased about a project’s real needs.
-Financial feasibility should be done to make sure that projects can generate the kind of scalable profits that warrant their approval.
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