Table of contents


Part I: Planning
1. Overview
2. Strategy and Resource Allocation
3. Generation and Screening of Project Ideas
Part II: Analysis
4. Market and Demand Analysis
5. Technical Analysis
6. Financial Estimates and Projections
Part III: Selection I
7. The Time Value of Money
8. Investment Criteria
9. Project Cash Flows
10. The Cost of Capital
11. Project Risk Analysis
Part IV: Selection II
12. Project Rate of Return
13. Special Decisions Situations
14. Social Cost Benefit Analysis
15. Multiple Projects and Constraints
16. Valuation of Real Options
17. Judgemental, Behavioural, Strategic, and Organisational Considerations
Part V: Financing
18. Financing of Projects
19. Financing Infrastructure Projects
20. Venture Capital and Private Equity
Part VI: Implementation
21. Project Management
22. Network Techniques for Project Management
Part VII: Review
23. Project Review and Administrative Aspects
Appendix A: Tables
Appendix B: Assessing the Tax Burden
Appendix C: Environmental Impact Assessment
Appendix D: Detailed Project Report
Bibliography

Projects presents the entire gamut of capital budgeting. The book discusses key principles and techniques for evaluating capital expenditure proposals, as well as strategic, qualitative and organisational considerations impacting capital budgeting decisions. Further, it suggests ways of improving project appraisal and capital budgeting practices, and also describes and evaluates business practices in various areas.

Written by a renowned finance educator Prasanna Chandra, the book in its eighth edition, has acquired vast readership among students and practitioners over a period of almost three and a half decades.

Highlights of the Eighth Edition
Substantial revision of several chapters
Two new sections: 'Measures of Savings in Infrastructure Costs' and 'Analysis of Project Risk'
Six new appendixes: 'Detailed Project Report', 'The Case for Behavioural Strategy', 'Vegetron Simulation', 'Types of Charges Created on Assets for Securing Advances', 'Due Diligence', and 'Environmental Appraisal of Projects'
New minicases on 'Investment Criteria' and 'Infrastructure Financing'
Number of boxes containing valuable perspectives and practical insights
Updated and expanded ancillary web material for students and instructors

Audience

Corporate policymakers,
Managers, consultants and executives
Officials of banks and financial institutions
Students of professional programmes (MBA, CFA, ACA, and AICWA) and post graduate courses in Commerce, Finance, and Economics

Ancillary Material for Students and Instructors
Spreadsheets, Solved Problems, Additional Problems and Minicases
Solutions Manual, Powerpoint Presentations and Quizzes

The 'Student Edition' of the resources can be freely accessed and used; the 'Instructor Edition' can be provided on special request in writing to McGraw Hill Education.