What are the steps involved in Project Evaluation? Discuss the methods followed for evaluating Projects. Explain the techniques used for measuring the Project Risk.

Project evaluation is a critical process in the domain of Bank Financial Management, as it helps financial institutions assess the viability, feasibility, and potential risks associated with various projects. The evaluation process typically involves several steps, employs specific methods, and incorporates various techniques to measure project risk.

### Steps in Project Evaluation:

1. Identification of Projects:
   - This initial step involves identifying potential projects that align with the strategic objectives and goals of the financial institution. The projects should contribute to the overall growth and profitability of the bank.

2. Project Screening:
   - In this phase, projects are screened based on predefined criteria, such as financial feasibility, market demand, regulatory compliance, ________ _________ ___ ______ ____ ________ ____ ______ ____ ________.
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