The Selection Process for Capital Projects (Wiley Series in Engineering and Technology Management) - Hardcover

Lang, Hans J.; Merino, Donald N.

 
9780471634256: The Selection Process for Capital Projects (Wiley Series in Engineering and Technology Management)
Hardcover
ISBN 10: 0471634255 ISBN 13: 9780471634256
Publisher: Wiley-Interscience, 1993

Synopsis

Reviews basic principles and presents techniques for evaluating and making decisions about investments and the acquisition of capital projects in industry and the private sector. Provides management and control techniques for construction of facilities or installation and operation of machinery and equipment. Covers sensitivity analysis and methods for ranking projects. Discusses the limitations of various methods. Explains how to carry out economic studies for the proper allocation of capital spending.

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About the Author

Hans J. Lang and Donald N. Merino are the authors of The Selection Process for Capital Projects, published by Wiley.

From the Back Cover

Capital investments consume approximately 20% of the annual GNP of developed countries. It is therefore important to allocate capital funds to such projects in the most effective and efficient way. This text presents the techniques needed by engineers of all disciplines and by managers at every organizational level to participate in the process through which capital projects, both in the public and private sectors, are selected (or should be) for implementation. The techniques are grounded in a management science known as engineering economics. They have been refined and further developed by the application of probability theory. There are problems at the end of each chapter for self-study and for teacher-assisted skills development. The arrangement of the text makes it easy for use in both one- and two-semester courses. We believe you will find the text both readable and instructive. It will enable you not only to participate in the capital selection process when you have the opportunity to do so but also to critique the capital spending plans of the private and public organizations in which you share an interest.

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Publisher
Wiley-Interscience
Publication date
1993
Language
English
ISBN 10 
0471634255
ISBN 13 
9780471634256
Binding
Hardcover
Edition number
1
Number of pages
720