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 [...]
After the feasibility studies are carried out, a detailed project report (DPR) is required to be drawn up based on the data and results obtained from the studies. The preparation of the DPR is the final and most important stage of pre-investment phase of project. It is on the basis of the DPR, the Project Investments Board and the Cabinet [...]
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 [...]