Mutually exclusive describe groups or pairs of projects where you can accept one but not all.
A project is just a set of activities that must be completed in order to achieve a certain goal. A project may also be described as a collection of inputs and outputs required to achieve a certain objective. Projects can be simple or complex, and they can be managed by a single individual or one hundred.
A "amazing concept" is one that differs from any other project for which the application firm has received prior financing from this program by introducing a novel product, service, or procedure.
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