Investment Appraisal PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Investment Appraisal PDF full book. Access full book title Investment Appraisal.

Investment Appraisal

Investment Appraisal
Author: Uwe Götze
Publisher: Springer
Total Pages: 371
Release: 2015-03-18
Genre: Business & Economics
ISBN: 3662458519

Download Investment Appraisal Book in PDF, ePub and Kindle

This book provides an introduction to investment appraisal and presents a range of methods and models, some of which are not widely known, or at least not well covered by other textbooks. Each approach is thoroughly described, evaluated and illustrated using examples, with its assumptions and limitations analyzed in terms of their implications for investment decision-making practice. Investment decisions are of vital importance to all companies. Getting these decisions right is crucial but, due to a complex and dynamic business environment, this remains a challenging management task. Effective appraisal methods are valuable tools in supporting investment decision-making. As organisations continue to seek a competitive edge, it is increasingly important that management accountants and strategic decision-makers have a sound knowledge of these tools.


Property Investment Appraisal

Property Investment Appraisal
Author: Andrew E. Baum
Publisher: John Wiley & Sons
Total Pages: 320
Release: 2021-01-20
Genre: Business & Economics
ISBN: 1118399536

Download Property Investment Appraisal Book in PDF, ePub and Kindle

Discover an insightful examination of the property investment appraisal process from leaders in the industry This book explains the process of property investment appraisal: the process of estimating both the most likely selling price (market value) and the worth of property investments to individuals or groups of investors (investment value). Valuations are important. They are used as a surrogate for transactions in the measurement of investment performance and they influence investors and other market operators when transacting property. Valuations need to be trusted by their clients and valuers need to produce rational and objective solutions. Appraisals of worth are even more important, as they help to determine the prices that should be paid for assets, even in times of crisis, and they can indicate market under- or over-pricing. In a style that makes the theory as well as the practice of valuation accessible to students and practitioners, the authors provide a valuable critique of conventional valuation methods and argue for the adoption of more contemporary cash-flow methods. They explain how such valuation models are constructed and give useful examples throughout. They also show how these contemporary cash-flow methods connect market valuations with rational appraisals. The UK property investment market has been through periods of both boom and bust since the first edition of this text was produced in 1988. As a result, the book includes examples generated by vastly different market states. Complex reversions, over-rented properties and leaseholds are all fully examined by the authors. This Fourth Edition includes new material throughout, including brand new chapters on development appraisals and bank lending valuations, heavily revised sections on discounted cash flow models with extended examples, and on the measurement and analysis of risk at an individual property asset level. The heart of the book remains the critical examination of market valuation models, which no other book addresses in such detail.


Fundamentals of Investment Appraisal

Fundamentals of Investment Appraisal
Author: Martina Röhrich
Publisher: Oldenbourg Verlag
Total Pages: 197
Release: 2010-10-01
Genre: Business & Economics
ISBN: 348670009X

Download Fundamentals of Investment Appraisal Book in PDF, ePub and Kindle

How to make sound investment decisions: This book is based on long-term experience with students, especially at the School of International Business of Bremen University of Applied Sciences. For a better understanding, a case study is constructed to illustrate all methods discussed. Written in an easily understood style it focuses on the reality of student life as well as of practitioners. The goal of the book is to pace a sure way through the variety of methods. Mathematical basics are specifically explained in detail. This book shows clearly why there are different methods in investment appraisal and on where to focus in a given situation. As all methods are introduced by the same case study, it is easy to compare and evaluate the results. The statements in the text are further consolidated by abstracts and evaluations of each of the methods. Exercises with extensive solutions will lead to the confidence which is necessary for an ease of handling the investment appraisal techniques and for a good preparation for students’ exams. German and international students at universities and other institutions of higher education will find this book an excellent systematic preparation for their exams. It is also directed toward members of the general public who need expert guidance in making professional investment decisions. Due to the increasing mobility of students and the internationalisation of many economic or business curricula, not only do German students tend to study more abroad, but also foreign students tend to study more in Germany. In German universities the number of courses in the English language is also increasing. That is why I have written this text in English. A companion volume in German, entitled ‘Grundlagen der Investitionsrechnung: Eine Darstellung anhand einer Fallstudie’ is also available. In both textbooks the pages are constructed identically. Using both textbooks simultaneously will help those students who still lack the necessary business vocabulary in the respective language to reasonably follow a class in English or German. This book clearly closes an existing gap in the literature. This is the first book in English about capital expenditure budgeting in the sense as it is usually taught in German higher education institutions. As a result international students now have literature covering the contents of a course in investment appraisal in the form of an easy-to-read case study with easily understood graphics and notations.


Fundamentals of Investment Appraisal

Fundamentals of Investment Appraisal
Author: Martina Röhrich
Publisher: Walter de Gruyter GmbH & Co KG
Total Pages: 195
Release: 2014-09-09
Genre: Business & Economics
ISBN: 3110397196

Download Fundamentals of Investment Appraisal Book in PDF, ePub and Kindle

How to make sound investment decisions: Fundamentals of Investment Appraisal, 2nd edition, is based on long-term experience with students and is written in an easily understood style. A case study has been constructed to illustrate all methods discussed. The goal of the book is to pace a sure way through the variety of methods in investment appraisal. Mathematical basics are specifically explained in detail. The book shows clearly why there are different methods in investment appraisal and on where to focus in a given situation. As all methods are introduced by the same case study, it is easy to compare and evaluate the results. The statements in the text are further consolidated by abstracts and evaluations of each of the methods. Exercises with extensive solutions will lead to the confidence which is necessary for an ease of handling the investment appraisal techniques and for a good preparation for students’ exams. German and international students at universities and other institutions of higher education will find this book an excellent systematic preparation for their exams.


Investment Appraisal

Investment Appraisal
Author: Uwe Götze
Publisher: Springer Science & Business Media
Total Pages: 393
Release: 2007-12-22
Genre: Business & Economics
ISBN: 3540399690

Download Investment Appraisal Book in PDF, ePub and Kindle

This book presents a range of investment appraisal methods and models to help readers make good investment decisions. Each approach is thoroughly described, evaluated, and illustrated using examples, with its assumptions and limitations analyzed in terms of their implications for investment decision-making practice. Getting investment decisions right is crucial but due to a complex and dynamic business environment this remains a challenging management task.


Investment Appraisal: A Simple Introduction

Investment Appraisal: A Simple Introduction
Author: K.H. Erickson
Publisher: K.H. Erickson
Total Pages: 62
Release: 2013-11-16
Genre: Business & Economics
ISBN:

Download Investment Appraisal: A Simple Introduction Book in PDF, ePub and Kindle

Investment Appraisal: A Simple Introduction offers an accessible guide to the methods and uses of investment appraisal, with examples and calculations throughout. Understand the accounting rate of return (ARR), the payback period (PP), the net present value (NPV), and the internal rate of return (IRR). Work through four extended example studies for each approach, and learn how to easily find the NPV or IRR with Excel. Compare the strengths and weaknesses of each of the four appraisal methods, and examine potential errors, risk management, and project management.


Power and Energy Systems Engineering Economics

Power and Energy Systems Engineering Economics
Author: Panos Konstantin
Publisher: Springer
Total Pages: 188
Release: 2018-01-11
Genre: Business & Economics
ISBN: 3319723839

Download Power and Energy Systems Engineering Economics Book in PDF, ePub and Kindle

Power and Energy industry is a highly capital intensive business field. Furthermore there is a very close interlinkage between technologies and economics that requires engineers and economists to have a common understanding of project evaluation approaches and methodologies. The book’s overall objective is to provide a comprehensive but concise coverage of engineering economics required for techno-economic evaluation of investments in power and energy system projects. Throughout the book, the emphasis is on transferring practical know-how rather than pure theoretical knowledge. This is also demonstrated in numerous examples derived from experience of respective projects. The book comprises seven chapters. The text part is supported by about 25 tables, 40 figures, 55 application examples and 7 Case Studies. Target audience of the book are primarily international consultants, staff members of engineering companies, utility personnel, energy economists and lawyers, as well as employees of government agencies entrusted with regulating the energy and utility sector and, finally, students in related fields of engineering and economics.


Evaluating real options as a means for investment appraisal under uncertainty and its degree of utilisation by companies

Evaluating real options as a means for investment appraisal under uncertainty and its degree of utilisation by companies
Author: Andreas Würfel
Publisher: diplom.de
Total Pages: 120
Release: 2003-10-13
Genre: Business & Economics
ISBN: 3832473076

Download Evaluating real options as a means for investment appraisal under uncertainty and its degree of utilisation by companies Book in PDF, ePub and Kindle

Inhaltsangabe:Abstract: This paper evaluates the real options approach (ROA) as a means for appraising capital investments under uncertainty. Globalisation and growing competitiveness have led to an increase in uncertainty with regard to companies decision making. Flexibility to react to this uncertainty has become more important. The question arises whether there is a need for a further investment appraisal technique or whether traditional techniques can cope with that. A growing literature about real options shows that traditional investment appraisal techniques do not value flexibility. That is why ROA has become more important within recent years. However, the degree of its utilisation by companies seems to be rather low. Three possible reasons for that are examined: ROA is not well-known by companies, especially small- and medium-sized enterprises. ROA is only limitedly applicable. ROA is too difficult to use. After traditional investment appraisal techniques have been outlined, the real options approach is illustrated by means of a case study. The possible range of application is assessed by reviewing the literature. A survey was conducted to check whether companies know about or apply that technique, and to identify the tools used by companies. This study shows that while the range of possible applications of real options is rather vast, ROA is rarely known by German and British companies and barely applied. One reason might be, that most books and articles are of rather academic nature. This seems to have been realised since books with a focus on practical application have been published recently. The complexity of ROA seems to be a further reason for its low degree of utilisation. Companies tend to use simpler but more comprehensible techniques although these methods have some major drawbacks. However, business science should not end in itself but serve businesses. Therefore, further emphasis has to be put on making real options approachable for practitioners. Inhaltsverzeichnis:Table of Contents: I.Abstract2 II.Acknowledgements3 III.Table of Contents4 IV.List of Figures7 V.List of Abbreviations8 1.Introduction9 2.Characteristics of Investment Decisions11 2.1What Is a Capital Investment?11 2.2Risk and Uncertainty12 3.Tools for Investment Appraisals15 3.1Static Methods15 3.2Discounted Cash Flow Approaches (Dynamic)17 3.3Approaches Which Try to Deal With Risk20 4.The Real Options Approach24 4.1Why Use Real Options to [...]


Practical Techniques for Effective Project Investment Appraisal

Practical Techniques for Effective Project Investment Appraisal
Author: Ralph Tiffin
Publisher: Thorogood Publishing
Total Pages: 0
Release: 1999
Genre: Capital investments
ISBN: 9781854180995

Download Practical Techniques for Effective Project Investment Appraisal Book in PDF, ePub and Kindle

This report contains many examples of appraisal process spreadsheets designed for practical use in your business. In addition, detailed checklists mean you won't overlook any factors during the appraisal process.