Methodical space of investment projects economic efficiency evaluation

Economic Annals-XXI: Volume 129, Issue 5-6(1), Pages: 92-95

Citation information:
Karachуna, N., & Vityuk, A. (2013). Methodical space of investment projects economic efficiency evaluation. Economic Annals-XXI, 5-6(1), 92-95. https://ea21journal.world/index.php/ea-v129-25/

Natalya Karachуna
PhD (Economics),
Head of Department of Management and Modeling in Economics,
Vinnytsya National Technical University, Ukraine
karachina-natalija@rambler.ru

Anna Vityuk
Post-Graduate Student,
Vinnytsya National Technical University, Ukraine
A.Vityuk@rambler.ru

Methodical space of investment projects economic efficiency evaluation

Abstract. The paper is dedicated to well-known methods and alternative techniques that are offered in recent years to evaluate the effectiveness of investment projects.

The purpose of research is systematization of theoretical and methodological principles for the effectiveness of investments evaluation and their positive and negative features definition in the context of project effectiveness integral evaluation. The main method that was used in the research is analysis. The content of the new methods of investment projects evaluation is disclosed. Most common methods of investment projects evaluation and their analysis are presented and five new methods are studied in the context of their strengths and weaknesses. Occlusions concerning feasibility of their applying have been found out.

It is shown that the most appropriate and complete method of investment projects evaluation is the method offered by scientists A. Azarova and D. Bershov. In addition to traditional approaches to determination the time value of money, it takes into account previous experience of the enterprise’s functioning.

Keywords: Investment Project; Net Present Effect; Payback Period; Rate of Return, Methods of Evaluation; Criteria of Effectiveness

JEL Classification: C52; G30; G32

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Received 04.05.2013