Evaluating investment projects efficiency in various conditions
https://doi.org/10.17073/2072-1633-2019-1-29-43
Abstract
Key concepts for assessing the feasibility of the implementation and calculation of the performance of specific economic, socio-economic events or technical (technological) of the project are the related costs and useful results. Therefore, in all cases, the implementation of investment projects should talk about their effectiveness and the principles of its evaluation. The article formulates the correct content of the concepts of «costs», «results», «efficiency» in various (stationary and non-stationary) conditions, provides algorithms for calculating the efficiency. The most important typical mistakes made in the practice of Russian project investment analysis are analyzed. The presentation of the problem is conducted in coordination with the text of fundamental monographs [1–2], normative documents [3], as well as with a number of domestic and foreign monographs, immanent in content to the specifics of the Russian economy.
About the Authors
V. N. Livchits
Institute for Systems Analysis, Federal Research Center «Computer Science and Control» of Russian Academy of Sciences.
Russian Federation
Russian Federation
Dr. Sci. (Econ.), Professor.
9 Prosp. 60-letia Oktyabrya, Moscow 117312.
I. A. Mironova
Institute for Systems Analysis, Federal Research Center «Computer Science and Control» of Russian Academy of Sciences.
Cand. Sci. (Econ.).
9 Prosp. 60-letia Oktyabrya, Moscow 117312.
A. N. Shvetsov
Institute for Systems Analysis, Federal Research Center «Computer Science and Control» of Russian Academy of Sciences.
Dr. Sci. (Econ.), Professor.
9 Prosp. 60-letia Oktyabrya, Moscow 117312.
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Review
For citations:
Livchits V.N., Mironova I.A., Shvetsov A.N. Evaluating investment projects efficiency in various conditions. Russian Journal of Industrial Economics. 2019;12(1):29-43. (In Russ.) https://doi.org/10.17073/2072-1633-2019-1-29-43
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