Title :
Net present value analysis—Comparing engineering projects by financial return
Author :
Stoiljkovic, Vladimir
Author_Institution :
Head of antenna systems with Cobham Technical Services
Abstract :
In order to maintain cash flow companies use financial assessments of various ideas and projects. One of the most widely used techniques for comparing the financial benefits of long term projects is net present value (NPV) analysis. In this paper the author discusses the net present value analysis and expound on the terms "net cash flow" and "present value of money".
Keywords :
financial management; project management; engineering projects; financial assessment; financial return; net cash flow; net present value analysis; present value of money; Business; Commercialization; Companies; Delay effects; Engineering management; Financial management; Life estimation; Lifetime estimation; Personnel; Resource management;
Journal_Title :
Potentials, IEEE
DOI :
10.1109/MPOT.2010.935831
