MODEL FOR EVALUATING THE ECONOMIC EFFICIENCY OF INVESTMENT PROJECTS: ARCHITECTURE AND MAIN ASPECTS OF APPLICATION

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Main Author: Jonas Mackevičius
Format: Artículo científico
Language:en
Published: Vilniaus Universitetas 2011
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author Jonas Mackevičius
author_facet Jonas Mackevičius
contents MODEL FOR EVALUATING THE ECONOMIC EFFICIENCY OF INVESTMENT PROJECTS: ARCHITECTURE AND MAIN ASPECTS OF APPLICATION Jonas Mackevičius Vladislav Tomaševič Economía y Finanzas evaluation model investment project economic efficiency evaluation principles Evaluation of investment projects Evaluation of investment projects is a complex multilateral process which also entails a great responsibility as its results form a basis for adopting investment decisions. These decisions, to a large extent, depend on the reliability and justification of the evaluation results: therefore, the process must be based on clear logic, acceptable assumptions and the duly selected methods that have been tested in practice. The paper contains an overview of the main principles of investment projects’ evaluation and a detailed analysis of the main requirements for the model architecture and its evaluation process. The authors propose a model for evaluating the economic efficiency of investment projects that has been described in detail and tested in practice. The model consists of a coherent evaluation scheme made of three phases and detailed algorithms of internal procedures. Such an architecture of the model enables a comprehensive analysis of investment projects of different types and a validation of the objectivity of evaluation results. 2011 artículo científico 2424-6166 https://www.redalyc.org/articulo.oa?id=692273716005 en http://www.redalyc.org/revista.oa?id=6922 Ekonomika application/pdf Vilniaus Universitetas Ekonomika (Lituania) Num.4 Vol.90
format Artículo científico
id redalyc_692273716005
institution Redalyc
language en
publishDate 2011
publisher Vilniaus Universitetas
spellingShingle MODEL FOR EVALUATING THE ECONOMIC EFFICIENCY OF INVESTMENT PROJECTS: ARCHITECTURE AND MAIN ASPECTS OF APPLICATION
Jonas Mackevičius
Economía y Finanzas
evaluation model
investment project
economic efficiency
evaluation principles
Evaluation of investment projects
MODEL FOR EVALUATING THE ECONOMIC EFFICIENCY OF INVESTMENT PROJECTS: ARCHITECTURE AND MAIN ASPECTS OF APPLICATION Jonas Mackevičius Vladislav Tomaševič Economía y Finanzas evaluation model investment project economic efficiency evaluation principles Evaluation of investment projects Evaluation of investment projects is a complex multilateral process which also entails a great responsibility as its results form a basis for adopting investment decisions. These decisions, to a large extent, depend on the reliability and justification of the evaluation results: therefore, the process must be based on clear logic, acceptable assumptions and the duly selected methods that have been tested in practice. The paper contains an overview of the main principles of investment projects’ evaluation and a detailed analysis of the main requirements for the model architecture and its evaluation process. The authors propose a model for evaluating the economic efficiency of investment projects that has been described in detail and tested in practice. The model consists of a coherent evaluation scheme made of three phases and detailed algorithms of internal procedures. Such an architecture of the model enables a comprehensive analysis of investment projects of different types and a validation of the objectivity of evaluation results. 2011 artículo científico 2424-6166 https://www.redalyc.org/articulo.oa?id=692273716005 en http://www.redalyc.org/revista.oa?id=6922 Ekonomika application/pdf Vilniaus Universitetas Ekonomika (Lituania) Num.4 Vol.90
title MODEL FOR EVALUATING THE ECONOMIC EFFICIENCY OF INVESTMENT PROJECTS: ARCHITECTURE AND MAIN ASPECTS OF APPLICATION
topic Economía y Finanzas
evaluation model
investment project
economic efficiency
evaluation principles
Evaluation of investment projects
url https://www.redalyc.org/articulo.oa?id=692273716005