Part I: True or False Items Instruction: Read the questions carefully and if the statement is correct write true otherwise false. your answer on the separate answer sheet provided (1 point each). 1. Project market and demand analysis would provide estimates on the benefits derived from the project while the technical analysis provides information about the input requirement of the project. 2. Delphi method of demand forecasting involves soliciting the opinions of a group of managers on expected future sales and combining them into a sales estimate. 3. Project is an activity that is capable of being planned, financed and implemented as a unit. 4. A pre-feasibility study should be viewed as an intermediate stage between a project identification and a detail feasibility study 5. General opportunity study is the study of transforming a project idea into a broad investment proposition