Title :
Net Present Value (NPV) as a tool supporting effective project management
Author :
Wetekamp, Werner
Author_Institution :
RWE Polska - Warsaw, Fachhochschule Dortmund, Selm, Germany
Abstract :
The aim of this paper is to present how Net Present Value (NPV) can be used as a proper tool to ensure effective project management. The author proves that investment project´s appraisal methods, such as e.g. NPV, can and should be used as an ongoing monitor of project health. What is more, even in case of project turbulences Net Present Value can be used as a key instrument for finding the most appropriate solutions.
Keywords :
appraisal; investment; project management; NPV; effective project management; investment project appraisal methods; net present value; project health; project turbulences; supporting tool; Appraisal; Companies; Investments; Profitability; Project management; Risk management; Net Present Value (NPV); capital budgeting; project management; risk management;
Conference_Titel :
Intelligent Data Acquisition and Advanced Computing Systems (IDAACS), 2011 IEEE 6th International Conference on
Conference_Location :
Prague
Print_ISBN :
978-1-4577-1426-9
DOI :
10.1109/IDAACS.2011.6072902
