1. Almost all projects have some impact on the environment. Current concern of environmental quality requires the environmental clearance for all projects. Therefore environ impact analysis needs to be undertaken before commencement of feasibility study. Discuss the objectives of Impact Studies
2. Feasibility Study forms the backbone of Project Formulation and presents a balanced picture incorporating all aspects of possible concern. The study investigates practicalities, ways of achieving objectives, strategy options, methodology, and predict likely outcome, risk and the consequences of each course of action. It becomes the foundation on which project definition and rationale will be based so that the quality is reflected in subsequent project activity. Discuss
3. Technical analysis is based on the description of the product and specifications and also the requirements of quality standards. The analysis encompasses available alternative technologies, selection of the most appropriate technology in terms of optimum combination ofproject components, implications of the acquisition of technology, and contractual aspects oflicensing. Which key areas are taken care of by this kind of an analysis?
4. Network diagram

Task

1. Critically analyse the above network diagram. Discuss the key elements associated with it.
2. Identify differences between CPM and PERT.