Methods of Project Analysis


Book Description

Alternative project selection procedures for less developed countries are compared and evaluated. Substantive differences among alternative procedures are in large part dependent upon differing assumptions about the economic environment in which the investment decisions are being made. In principal, since project selection procedures are based on theoretical welfare economics, most project selection procedures are equivalent. Thus, one of the basic results of the project selection procedures is that, in a perfectly competitive economy, allocation of resources on the basis of market prices of goods and factors results in Pareto optimality for a given income distribution. In other words, market prices of goods and factors would equate the marginal social cost of producing with the marginal social value of using the relevant goods or factors. However, to the extent the selection procedures operate where the perfectly competitive paradigm does not hold, market prices will no longer indicate the social costs and benefits of using and producing different commodities. The existence of trade distortions seriously interferes with the perfectly competitive paradigm. Judgments must be made regarding future trade control systems.




Capital Budgeting


Book Description

This book explains the financial appraisal of capital budgeting projects. The coverage extends from the development of basic concepts, principles and techniques to the application of them in increasingly complex and real-world situations. Identification and estimation (including forecasting) of cash flows, project appraisal formulae, and the application of net present value (NPV), internal rate of return (IRR) and other project evaluation criteria are illustrated with a variety of calculation examples. Risk analysis is extensively covered by the use of risk adjusted discount rate, certainty equivalent, sensitivity, simulation and Monte Carlo analysis. The NPV and IRR models are further applied to forestry, property and international investments. Resource constraints are introduced to the capital budgeting decisions with a variety of worked examples using linear programming technique. All calculations are extensively supported by Excel workbooks on the Web, and each chapter is well reviewed by end of chapter questions.




Project Evaluation


Book Description




The Economics of Project Analysis


Book Description

'The Economics of Project Analysis: A Practitioner's Guide' is written for project practitioners, for instructors in agricultural project economic analysis, and for students of that subject. This guide extends and complements the discussion of project and policy economics contained in the second edition of 'Economic Analysis of Agricultural Projects', by J. Price Gittinger--referred to throughout this volume as Gittinger (1982). ISBN10:0-8213-1751-2 ISBN13:978-0-8213-1751-8




Beyond The Rule Of Thumb


Book Description

This book discusses the rationale for correcting market prices in the evaluation of public investments. It also aims at covering techniques of project appraisals, such as the effects method, cost efficiency techniques, multicriteria analysis, and related logical frameworks.




Analytical Methods and Approaches for Water Resources Project Planning


Book Description

Analytical Methods and Approaches for Water Resources Project Planningis part of a larger study that was conducted in response to a request from the U.S. Congress in the Water Resources Development Act of 2000 for the National Academy of Sciences to review the U.S. Army Corps of Engineer's peer review methods and analytical approaches. This report reviews the Corps' analytical procedures and planning methods, largely in the context of the federal Economic and Environmental Principles and Guidelines for Water and Related Land Resources Implementation Studies, also known as the Principles and Guidelines or "P and G" (P&G), as well as the Corps' Planning Guidance Notebook (PGN).




Research Basics


Book Description

Research Basics: Design to Data Analysis in Six Steps offers a fresh and creative approach to the research process based on author James V. Spickard’s decades of teaching experience. Using an intuitive six-step model, readers learn how to craft a research question and then identify a logical process for answering it. Conversational writing and multi-disciplinary examples illuminate the model’s simplicity and power, effectively connecting the “hows” and “whys” behind social science research. Students using this book will learn how to turn their research questions into results.







A Project Management Methodology for Multimedia Projects


Book Description

Inhaltsangabe:Abstract: This paper tries to define a concept for managing multimedia projects efficiently and takes the suitability of existing methods into account. Developing a valid solution makes it necessary to look at project management as a generic discipline first and then apply the results to the multimedia discipline. Only then can we be sure that no important aspects of project management have been forgotten, nor that existing and working strategies, which could be applied to multimedia projects, have been ignored. This paper therefore defines project management and generally describes its areas of responsibility. The question of whether project management is necessary and beneficial needs to be addressed as well. After project management and the necessity to actively apply it in some form has been understood in general, a specific focus on the existing information for multimedia project management will be undertaken. It will become apparent that different viewpoints exist as to whether multimedia project management should apply project management methods of related industry areas, such as software development. This will justify the need to compare multimedia projects with software development projects. After having gained an insight into project management as well as the characteristics of multimedia projects, it is possible to determine the demands that a project management method needs to be able to meet, to successfully manage multimedia projects. It would be beyond the scope of this thesis to analyse every existing method. Instead, one method will be analysed as an example. The useful aspects of the analysed method will be identified along with its shortfalls in relation to multimedia development. Finally, recommendations on how the shortfalls could be corrected will be made, so that a project manager will be able to use the examined method, specifically suited to multimedia projects. Inhaltsverzeichnis:Table of Contents: 1.Preface7 2.Introduction9 2.1The Topic of this Thesis9 2.2Hypotheses and Findings12 2.3Definition of Multimedia14 2.4Types of Multimedia Products16 2.4.1Forms of Delivery16 2.4.2Categories of Multimedia Products18 2.4.3Conclusion20 2.5Project Management Definitions21 2.5.1Project and Project Management21 2.5.2Project Stakeholders22 2.5.3Project Methodology, Methods and Processes22 3.The Historical Development of Project Management25 3.1The Philosophy of Ancient Project Management25 3.2The [...]




Quantitative Methods in Project Management


Book Description

Quantitative Methods for the Project Manager is for professional project managers who need to know how to make everyday use of numerical analysis. It combines theory and practices and is designed to be easily applied.