Will it pay off?
If your boffins want to spend a large amount of money on a new coconut processing plant, how do you assess the financial viability of the proposed project? You are constantly forced to choose between alternatives when planning and drawing up business plans. There is always a danger that you will make the wrong choice. Take a quick meander through some techniques for assessing activities and choosing between them.
By the way, in this context project means anything on which you spend money with the expectation of generating a future stream of income. This includes R&D, exploration, buildings, plant, machinery, equipment, marketing, takeovers and other ventures. You have to value these streams of income and assess the comparative ...
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