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Public Adminstration
QUESTION #9561
Question 1
The Planning Commission's function includes appraisal of development projects before approval. What distinguishes 'project appraisal' from 'project feasibility study,' and at which stage in the project cycle does each occur?
Correct Answer Explanation
The project cycle is: identification → feasibility (in-depth technical/financial/economic viability study) → preparation (filling PC-I form with project details) → appraisal (Planning Commission's independent verification of the PC-I data and assumptions) → approval → implementation → evaluation. Feasibility precedes preparation; appraisal follows it — they are distinct stages with different actors and purposes.
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