A New Approach for Multi-Scenario Project Cash Flow Analysis Based on TODIM and Critical Chain Methods under Grey Uncertainty

This study concerns the use of the critical chain method to schedule the construction of renewable energy facilities. The critical chain method is recognized as a useful project management tool, transforming a stochastic problem of uncertainty in activity durations into a deterministic one. However, this method has some shortcomings. There are no clear principles of grouping non-critical activities into feeding chains. Another ambiguity is sizing the feeding buffers with regard to the topology of the network model and the resulting dependencies between activities, located in different chains. As a result, it is often necessary to arbitrarily adjust the calculated sizes of feeding buffers before inserting them into the schedule. The authors present the new approach to sizing the time buffers in the schedule, enabling a quick assessment of the quality of a given solution variant and finding a solution that best meets the established criteria, conditions, and constraints. The essence of the presented approach is the two-step sizing of time buffers with the use of deterministic optimization and stochastic optimization techniques. Taking into account construction management needs, the optimization criteria are based on the construction project cash flow analysis. The effectiveness of the presented approach is illustrated by an example of developing a wind power plant construction schedule. According to the results, the presented approach ensures the protection of the scheduled completion date of the construction and the stability of the schedule.

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Using Discounted Cash Flow Analysis in an International Setting: A Survey of Issues in Modeling the Cost of Capital

CFA Digest ◽

10.2469/dig.v29.n3.532 ◽

1999 ◽

Vol 29 (3) ◽

pp. 75-77

Author(s):

Joseph Vu

Keyword(s):

Cash Flow ◽

Cost Of Capital ◽

Flow Analysis ◽

Discounted Cash Flow ◽

International Setting ◽

The Cost

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JEFFl/2-a cash flow analysis program

10.2737/ne-gtr-234 ◽

1997 ◽

Author(s):

Bruce G. Hansen ◽

A. Jeff Palmer

Keyword(s):

Cash Flow ◽

Flow Analysis ◽

Analysis Program

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TINJAUAN STUDI KELAYAKAN USAHA BADAN USAHA MILIK DESA (NAGARI) KAMANG HILIA SEJAHTERA KENAGARIAN KAMANG HILIA, KECAMATAN KAMANG MAGEK, KABUPATEN AGAM, PROVINSI SUMATERA BARAT

UNES Journal of Social And Economics Research ◽

10.31933/ujser.3.2.160-169.2018 ◽

2018 ◽

Vol 3 (2) ◽

pp. 160

Author(s):

Halkadri Fitra ◽

Salma Taqwa ◽

Charoline Cheisviyanny ◽

Abel Tasman ◽

Nurzi Sebrina

Keyword(s):

Cash Flow ◽

Net Present Value ◽

Average Rate ◽

Flow Analysis ◽

Payback Period ◽

Rate Of Return ◽

Internal Rate Of Return ◽

Present Value ◽

Internal Rate

Penelitian ini bertujuan untuk melihat kelayakan aspek keuangan usaha grosir sembako Badan Usaha Milik Desa (Nagari) Kamang Hilia Sejahtera di Kenagarian Kamang Hilia Kecamatan Kamang Magek Kabupaten Agam Provinsi Sumatera Barat yang dilakukan pada tahun 2018. Penelitian bersifat deskriptif kuantitatif dengan menggunakan metode cash flow analysis, payback period, net present value, profitability index, internal rate of return, dan average rate of return. Hasil penelitian menunjukkan bahwa nilai net cash flow Badan Usaha Milik Desa (Nagari) Kamang Hilia Sejahtera adalah positif yaitu Rp.21.774.000, nilai payback period adalah 1,15 tahun, nilai net present value positif sebesar Rp.10.680.034,47, nilai profitability index adalah positif 1,37, sedangkan nilai internal rate of return adalah 46,7% dan nilai average rate of return adalah 57,23%. Berdasarkan standar penilaian maka semua metode yang digunakan memberikan kesimpulan bahwa usaha grosir sembako milik Badan Usaha Milik Desa (Nagari) Kamang Hilia Sejahtera dalam kategori layak untuk dilaksanakan.

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