Question: QUESTION 1 : ( 2 0 points; 5 points each ) a . Why is it important to have demand module in a pre -

QUESTION 1: (20 points; 5 points each)
a. Why is it important to have demand module in a pre-feasibility of a project? What
information does it provide?
b. What are the main differences between a pre-feasibility study and a feasibility study?
c. Why should a project evaluation be carried out in stages?
d. To measure the incremental benefits and costs of a project, should an analyst consider the
before and after or the with and without perspectives? Why?

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