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11.scope & Limitations of The Study
11.scope & Limitations of The Study
Appraisal involves the comprehensive analysis of a wide range of data, judgements and
assumptions, all of which need adequate evidence. This helps ensure that projects
selected for funding.
The data collected from various sources cannot be considered as correct information.
The figures shown in the project are just expected figures.
The result of the project appraisal cannot consider as 100% correct.
All financial tools which are applied in this appraisal have their own limitations.
Time was major constraint for the study.