Abstract :
This tutorial is concerned with project evaluation and feasibility. It systematically works through the issues involved, referring whenever possible to the real world of the electrical power industry. However, the analysis can equally apply to all major engineering projects. The author considers the evaluation of costs and benefits, financial and economic returns calculation, sensitivity analysis and risk analysis.
Keywords :
cost-benefit analysis; economics; electricity supply industry; project management; risk management; sensitivity analysis; costs/benefits analysis; economic evaluation; economic returns calculation; electrical power industry; financial evaluation; financial returns calculation; project evaluation; risk analysis; sensitivity analysis; Costs; Economics; Power industry; Project management; Risk analysis; Sensitivity;
