Tag Archives: Project Assessment
Why the Project Valuation
Part of the process of entering into new ventures and building the business is the ability to properly asses those products for their worthiness and affordability. It is also part of the role of corporate finance to ensure that those projects lie within the strategic aims set for the company.
Corporate Finance departments are tasked with identifying and accounting for abstract concepts such as uncertainty. Over time the accountancy profession has developed mechanisms for accounting for uncertainty and creating systems for determining projects to a mathematical value. This article will highlight some of the techniques used.