April 2018
Intermediate to advanced
400 pages
9h 48m
English
Project finance deals are commonly viewed as sound investments because of the security packages and the web of negotiated contracts. The prevailing view is that failures are limited and losses are minimized when the security package includes a security agreement, a pledge of assets agreement, a mortgage or a deed of trust, and a direct agreement. Other considerations that limit failures are the following:
For large capital investment projects, it is difficult to measure success or failure for three reasons: Assessment is done along several dimensions, political considerations cloud project performance ratings, and failure grading is usually subjective. For ...