Engineering solutions and financial decisions are intimately tied together. The best engineers combine the technical and financial cases in determining newsolutions to opportunities, challenges and problems. To get your project approved, no matter the size of it, the financials must be clear and compelling. By learning to argue the business case as part of the technical solution, you will have an impact on the company’s performance. This book provides a framework for engineers and scientists to undertake financial evaluations and assessments of engineering or production projects. The material covered enables the reader to understand how the economics of a technical project fit into the finances of the company. It demonstrates the integration of the technical and financial decision-making through case studies and examples relevant to the practising engineer. The book equips engineers and scientists with the tools to contribute positively to the financial and strategic decisions within the organization. The one textbook for advanced engineering students on finance and financial decision making and in-depth guide to the subject for practising engineers and students. Uniquely the book, discusses the technical and financial aspectsof decision-making in engineering and demonstrates these through case studies INDICE: An overview of the evaluation of capital projects.- The theory andpractice of decision-making concerning capital projects.- Financial statements.- Cash flows for a project.- Time value of money.- Evaluation criteria for investment decisions.- Mutually exclusive, replacement and independent projects.- Practical issues in the evaluation of projects.- Sensitivity, scenario and other decision analysis techniques.- Case studies on the application of the decision making criteria.- Risk and return.- Cost of capital.- Risk in engineering projects.- Decision tree analysis and utility theory.- Real options analysis.- Sources of finance.- Financing engineering projects.
- ISBN: 978-1-84800-032-2
- Editorial: Springer
- Encuadernacion: Cartoné
- Páginas: 400
- Fecha Publicación: 01/02/2008
- Nº Volúmenes: 1
- Idioma: Inglés