Evaluation methods for construction projects

Financial evaluation methods such as Net Present Value (NPV) and Internal Rate of Return (IRR) are not fully adequate for accounting three practical aspects of construction projects: reinvestment rate, actual amount of required investment, and firm available funds. In a certain type of projects, th...

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Bibliographic Details
Main Authors: Moonseo Park, Yongsik Chu, Hyun-Soo Lee, Wooyoung Kim
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2009-12-01
Series:Journal of Civil Engineering and Management
Subjects:
Online Access:https://www.bme.vgtu.lt/index.php/JCEM/article/view/6444