Discuss the single  most important factor that must be considered when selecting a project. 

selecting projects | Business & Finance homework help

The single most important factor to consider when selecting a project is the feasibility of the project. It is essential that an analysis is done in order to identify any potential risks, issues and challenges that could arise during the execution of the project. This process should include a detailed examination of all aspects such as budget, timeline, resources needed etc. as these will ultimately determine how successful or unsuccessful a particular project can be.

Furthermore it is also important to ensure there are sufficient resources available for both short-term and long-term requirements whatever comes up along way no matter challenge presents itself before us under given situation leading successful outcome when all said done. Additionally assessing external factors (social economic political etc.) which may affect overall outcomes must taken into account well order properly assess whether its even worth taking on proposed venture from start hence why its always best thoroughly evaluate every aspect before deciding commit anything no matter what happens eventually leading successful outcome when all said done.