Economic Feasibility of Projects: Managerial and Engineering Practice

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Chinese University Press, 2003 - Business & Economics - 173 pages
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This is a textbook for engineering and management/business undergraduates and postgraduate students and a reference for practicing engineers or managers who are familiar with their projects but less familiar with financial/economic analysis methods. The book is divided into two parts. Part 1 covers all the basic concepts and theories and provides the readers with a good understanding of the financial and economic analysis on the feasibility of projects. Plenty of examples are used to illustrate the theories, arguments and calculations. Part 2 consists of case studies on both financial and economic feasibility studies. Readers should be able to conduct their own financial and economic analyses by following the procedures and methodo-logy of the examples given.In this new edition, the chapters have been revised and expanded with the latest theories and data added, especially the most up-dated information on the development of the theories of internal rate of return and net present worth.


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Economic Appraisal of Projects
Discount Cash Flow Method
Comparison of Multiple Alternatives
Financial versus Economic Appraisals
Financial Feasibility 10
Economic Feasibility
Depreciation Formulas

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About the author (2003)

S. T. Tang is a Chartered Civil Engineer and teaches at the Department of Civil and Structural Engineering, the Hong Kong Polytechnic University. He has written over 80 journal/conference papers and books on subjects of his expertise.

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