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Project System Identification: this requires determining the strategic plan to the project and evaluating whether or not the project is financially rewarding or not. Trying to keep in mind the risk acknowledged by lender, this stage is carried out because of the lender for an impartial result.
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Hazard Management: Ahead of the lender invests while in the project, it can be crucial to establish the related pitfalls in addition to solutions to mitigate the pitfalls, if possible.