Investment Project Design + We

Praise for Investment Project Design Accumulating and deploying capital assets to provide future benefits is a practice that dates back thousands of years. Yet, even today, how capital resources are applied?decisions about when, where, and how they should be committed?presents its challenges and does not always produce expected results. Aside from uncontrollable external factors such as political and economic upheavals, one of the main deficiencies in project planning is that there is usually not enough of it, with decisions often based on anything from intuition to inadequate analysis. In Investment Project Design, internationally known experts Lech Kurowski and David Sussman offer a complete guide for investors and other stakeholders in methods of successfully designing and appraising investment projects in private and public sectors. They present a comprehensive framework of analysis for any project involving capital investment?one that clears up a number of important misconceptions about financial aspects of design and appraisal, and that aligns the project more compatibly with features of its operating environment. Through this holistic view of the business environment, the investment project becomes part of the economic, social, and ecological system within which it is intended to function and prosper. The approaches that the authors provide for designing, analyzing, and appraising the project will increase confidence in the investment decision despite the minefield of the contemporary investment environment?and vastly improve chances for a successful outcome.