Answers:
Technical feasibility: Project sponsors need to assure the lenders that the technological processes that will be used in the project are feasible for the commercial application of project. The lenders of the fund should be ensured that the project will be able to generate the desired output after using the selected technological processes.
Economic viability: The efficiency of a project to operate successfully and generate the desired cash flows is of utmost importance for the lenders. The lenders should be completely satisfied that the project will be able to deliver products and services to the market profitably.
Availability of raw materials and managerial capability: The various factors of production like raw materials, labour, machines, etc. required for the completion of a project should be made available in proper quantities and specifications throughout the project lifecycle.