Financial appraisal of the project

Question 1

The comparison of either financial or economic benefits with their corresponding costs requires that

Answer 1

all relevant data should be organized into a project profile covering the duration of the project’s life.

Question 2

the project’s profile in the economic appraisal provides a flow of net economic benefits generated by the investment.

Answer 2

While a project profile is given by cash flows in

the financial appraisal.