Title :
Effect of delays on the present value of a project
Author :
Beenhakker, H.L.
Author_Institution :
Univ. Iowa, Iowa City, IA, USA
Abstract :
Examines the effects of delays in project completion and/or attainment of full capacity production on the discounted present value of a project. The decision-making technique developed in the ensuing presentation can guide a project director in dealing with situations created by project delays and over-estimation of expected demands or a particular product.
Keywords :
economics; management science; project engineering; decision making technique; demand over estimation; effect of delays; project delays; project engineering; project present value; Delay; Density functional theory; Educational institutions; Equations; Investments; Suspensions;
Journal_Title :
Engineering Management, IEEE Transactions on
DOI :
10.1109/TEM.1974.6448480
