What do you mean by Analysis in capital budgeting ?

What do you mean by Analysis in capital budgeting ?

If the preliminary screening proposes that the project is prima facie meaningful, a detailed analysis of the marketing, technical, financial, economic, and ecological aspects is undertaken. The questions and issues aroused in a detailed analysis are described in the following section. The center of this phase of capital budgeting is on gathering, preparing and resizing relevant information about various project proposals which are being considered for inclusion in the capital budget. Based on the information developed in this analysis, the flow of costs and benefits with the project can be defined.