Methods of multi-criteria evaluation of economic efficiency of investment projects

Abstract

In the context of globalization and fierce competition in world markets, the high level of investment activity in the country is a key to economic and innovative development. The high level of wear and tear of fixed assets in developing countries gives special relevance to solving the problem of attracting investments for production development. Hence, for the investment management system choosing an optimal variant among several available investment projects is one of the most responsible stages of ensuring the stable operation and sustainable development of an enterprise. In this regard, the aim of the article is to develop a comprehensive multi-criteria approach to choose the best investment option. The article analyzes the existing methodological approaches to assess the economic efficiency of the investment projects, identifies their advantages and disadvantages. A multi-criteria method of investment project evaluation is proposed, which is characterized by the absence of restrictions on the number of individual evaluation indicators and the possibility for the investor to determine the significance of every indicator using weights independently. The use of the proposed methodology by enterprises will improve the quality of management decisions at the stage of choosing the optimal investment option.

Оцінка Капіталів В Інтегрованій Звітності

“…При цьому кількісні показники, наприклад, такі, як ключові показники ефективності (KPI) або інші показники ефективності (наприклад, [20]), можуть бути дуже важливими для пояснення практики використання організацією різних капіталів і їх зміни. Тим не менш, важливо зазначити, що розробники IIRF на початку вказують: «практично неможливо очікувати, що організації намагатимуться кількісно визначити всі капітали» [23].…”

Evaluation Method of English Innovative Thinking Teaching Effect Based on BP Algorithm

“…ÞÞ, and the L2 norm value dðs j Þ is used to describe the advantages and disadvantages of the evaluation indexes of English innovative thinking teaching [26,27]. The calculation method of dðs j Þ is as follows:…”

Efficiency Indices of Investment in It Projects With Equal Lives

“…In economic analysis of IT projects (i-projects), the reasonable choice of indices to estimate the solution alternatives is of prime importance. For the assessment of economic efficiency of investment projects, such indicators are recommended as: profit, profit rate [1][2][3], payback period on investment, net present value [1,[4][5][6], profitability index [1,5,7], internal rate of return [1,2,7], return on investment [1,8], economic return on investments [3,8], adjusted expenditure [8], total costs of ownership [9] and so on.…”