Project Valuation

2020 ◽  
pp. 71-122
Author(s):  
Michael Curley
Keyword(s):  
Project Valuation

Effectiveness of Flood Protection Project Valuation Methods

2015 ◽  
Vol 10 (3) ◽  
pp. 275-289
Author(s):  
Tadeusz Liziński ◽  
Marcin Bukowski ◽  
Anna Wróblewska
Keyword(s):  
Essential Element ◽  
Weather Conditions ◽  
Point Of View ◽  
Flood Protection ◽  
Costs And Benefits ◽  
Protection Measures ◽  
Investment Projects ◽  
Market Values ◽  
Project Valuation ◽  
The Subject

Projects for flood protection are increasingly the subject of investment projects in the field of water management. This is related to the increasing frequency of worldwide threats caused by extreme weather conditions, including extremely high rainfall causing floods. Technical and nontechnical flood protection measures are also increasing in importance. In the decision-making process, it is necessary to take into account both the costs and benefits of avoiding losses, including an analysis of social benefits, whose valuation of non-market goods is an essential element. A comprehensive account of projects in the field of flood protection based on the estimated costs and benefits of the investment allows the economic efficiency from a general social point of view to be determined. Previous evaluations of the effectiveness of investment projects have mainly taken into account only categories and market values. The aim of the article is to identify the possibilities to expand the values of non-market assessments and categories formulated on the basis of the theoretical economics of the environment. 

Project Valuation Under Incomplete Capital Markets: The Case of Non-Diversified Entrepreneurs

2006 ◽  
Author(s):  
Darcy Fuenzalida ◽  
Samuel A. Mongrut ◽  
Mauricio Nash
Keyword(s):  
Capital Markets ◽  
Project Valuation

Long-Term Project Valuation in Capital-Constrained Firms

2019 ◽  
Author(s):  
David Shimko
Keyword(s):  
Project Valuation

Investment project valuation based on a fuzzy binomial approach

2010 ◽  
Vol 180 (11) ◽  
pp. 2124-2133 ◽  
Author(s):  
Shu-Hsien Liao ◽  
Shiu-Hwei Ho
Keyword(s):  
Investment Project ◽  
Project Valuation

Sensitivity of the Discount Rate to the Expected Payoff in Project Valuation

2017 ◽  
Vol 14 (2) ◽  
pp. 126-136 ◽  
Author(s):  
David Johnstone
Keyword(s):  
Discount Rate ◽  
Expected Payoff ◽  
Project Valuation

Dice manufacturing company: the acquisition decision

2021 ◽  
Vol 11 (1) ◽  
pp. 1-26
Author(s):  
Aliaa Bassiouny ◽  
Enjy Toma ◽  
Farida Dawood ◽  
Haneen Aljammali ◽  
Salim Seif El Nasr ◽  
...  
Keyword(s):  
Learning Outcomes ◽  
Business Model ◽  
Net Present Value ◽  
Capital Budgeting ◽  
Strategic Decision ◽  
Issues Management ◽  
Content Type ◽  
Project Valuation ◽  
Manufacturing Company ◽  
Evaluation Techniques

Learning outcomes The learning outcomes of this paper is as follows: understand the issues that faced private Egyptian textile producers following the January 2011 revolution and how that impacted their business model. Evaluate whether Dice’s inorganic expansion through acquiring Alex Clothing Company is a sound strategic decision given the economic uncertainty in Egypt. Analyze the acquisition decision through projection evaluation techniques, including net present value (NPV), internal rate of return (IRR) and modified IRR (MIRR), to measure whether the acquisition will add value to Dice. Discuss non-financial issues post-acquisition that are not captured by traditional capital budgeting and project evaluation techniques. Case overview/synopsis Dice Manufacturing Company, an established and successful textile manufacturing family business, is facing an important investment decision with regard to inorganic expansion through the acquisition of Alex Clothing Company and its subsidiary United Dyers. The case is intended to be discussed in an undergraduate corporate finance class. The case setting is inside Dice Manufacturing Company, where one of the founders, Nagy Toma and his CFO Victor ElMalek are analyzing the acquisition decision in January 2015. The protagonist is Victor ElMalek, who has to recommend a course of action for the company owners. The case allows students to apply capital budgeting and project valuation methods to make a decision on whether the acquisition brings value to Dice and to analyze issues management can face post-acquisition. The case follows through the history of Dice, presenting its business model and changes that accompanied the 2011 revolution. It then moves on to outline the acquisition opportunity and provides data for students to analyze through traditional project valuation techniques, including NPV, IRR and MIRR. Complexity academic level Undergraduate. Subject code CSS 1: Accounting and Finance. Supplementary materials Teaching notes are available for educators only.

scholarly journals Project valuation when there are two cashflow streams

2002 ◽  
Vol 24 (5) ◽  
pp. 455-467 ◽  
Author(s):  
Magne Emhjellen ◽  
Chris M. Alaouze
Keyword(s):  
Project Valuation

Real Option Methodology for the Evaluation of IT Projects

2007 ◽  
Vol 8 (1) ◽  
pp. 71-88
Author(s):  
Efthymios Papadopoulos ◽  
Georgios Dounias
Keyword(s):  
Real Option ◽  
Net Present Value ◽  
New Technology ◽  
Full Range ◽  
Present Value ◽  
It Projects ◽  
Innovative Strategy ◽  
Technology Deployment ◽  
Project Valuation ◽  
Project Risks

Current project valuation framework under the Net Present Value (NPV) method has been proved to be incomplete, as it fails to accurately account for uncertainty. Traditional financial tools fail because they neglect to account for the value of flexibility. The standard NPV approach assumes that project risks remain constant over the life of the strategy. It, also, fails to factor in the full range of opportunities that a new and innovative strategy may create for a firm in the future. We show how one can use Real Option methodology in order to determine optimal financial path to fund new technology deployment within a risky environment. Moreover, in this paper we demonstrate, with the use of a simple numerical example, how the Real Options methodology can be implemented within an IT project deployment.

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