Use of Capital Budgeting Methods for Investment Project Evaluation in the Field of Civil Engineering | Science Publications

American Journal of Applied Sciences

Igor P¹  Nadja Ferlan¹ 

关键词: civil engineering;    single-period methods;    discounted cash flow methods;   

DOI  :  10.3844/ajassp.2008.18.21

学科分类：自然科学（综合）

来源: Science Publications

【 摘 要 】

The present article deals with use of capital budgeting methods in investment and project evaluation, with special emphasise on their use in the field of civil engineering. The research, presented in this article, was performed among project managers of Slovene companies. Their personal opinions about the use of capital budgeting methods and knowledge of their faults were studied during the research. Discounted cash flow methods were investigated, as well as single-period. During analysis of the results the situation in the field of civil engineering was treated separately and compared with other technical and non-technical sciences. Research showed that those experts dealing with investment evaluation who have a degree in the field of civil engineering use capital budgeting methods for investment evaluation less often than experts from other technical sciences, economics, and similar sciences. However, civil engineers are more familiar with the flaws in capital budgeting methods. More than 80 % of civil engineers know the faults of the payback period method

【 授权许可】

Unknown