Methodological problems of project evaluation in development planning
Leupolt, M.
Z. ausl. Landw, Frankfurt a.M. 9(1): 24-43
1970
Document Number: 414692
Standard techniques of project evaluation (benefit-cost ratio, net present value, internal rate of return) are discussed in principle and the adjusted benefit-cost ratio and the pay-off method are mentioned. Project evaluation based on a single criterion may be misleading. Reasons are given for the inefficiency of benefit-cost ratio and the greater suitability of net present value as appropriate methods.
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