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35 Economic Review

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The Project Economic Reviews Definition is 28 pages B4 version and now available for download that consists of a main Project Controls and Project Economic Reviews definitions. You can purchase this beta version of document and make any comments, opinions, recommendations, or new definitions, please send them to ThePD (theprojectdefinition@gmail.com), you will have the updated and formal version of the Project Definitions file for free of charge.

Description

Investment Appraisal (or Capital Budgeting) is the decision-making process for investing in long-term assets, major capital investments or expenditures that is to determine and evaluate potential significant in amount of expenses or investments. The Investment Appraisal is usually involving the calculation of each project or asset future profit by period, present value (PV) of the cash flows, pay back the initial cash investment, assessment of risk, and other factors. The formal method of Investment Appraisal techniques: Net Present Value (NPV); Internal Rate of Return (IRR); Profitability Index (PI); Payback Period, etc.

The Project Definitions have been defining and developing in terms of the agreed project language by ThePD (The Project Definition) as for the Preferred Project Definitions. The Project Definition is a clearly and concisely defined statement of the exact meaning of words, phrases, sentences, or descriptions of the subject in the project business. The Project Definition is an essential requirement and a critical success factor for the project execution to communicate accurately with the same understanding of the meaning or terminology. The Project Definitions and related information is included in the website (www.theprojectdefinition.com) and published daily basis to the subscribers. Users who want to keep own file, can purchase the Project Definition as a beta version (B4) today with a big bargain.