In this article we will discuss about:- 1. Reasons for Cost and Time Overruns 2. Methods to Avoid Cost and Time Overrun 3. Ways to Overcome 4. Weaknesses. Reasons for Cost and Time Overruns: It is a common problem in execution of the projects that the actual cost on the project would exceed than the estimated cost. Similarly, the project [...]
In this article we will discuss about:- 1. Meaning of CBA 2. Investment Decisions under CBA 3. Procedure 4. Techniques. Meaning of CBA: CBA is defined as "an analytical tool in decision-making which enables a systematic comparison to be made between the estimated cost of undertaking of project and the estimated value and benefits which may arise from the operation [...]
In this article we will discuss about:- 1. Meaning of SCBA 2. Commercial and SCBA Computations: Distinction 3. Social Desirability of a Project. Meaning of SCBA: The economic analysis in project appraisal for evaluating investment projects an important consideration is the analysis of social cost and benefits. In this analysis, the direct economic benefits and cost of the project on [...]