Selection of Projects

Suppose if you have many projects in hand and you want to select one or few of them. You can prioritize the projects by filtering using some of the below factors. Combination of multiple factors will be required when the number of projects increases.

Net Present Value
(NPV)
Consider the project with high NPV
Internal Rate of Return
(IRR)
Consider the project with high IRR
Benefit Cost Ratio
(BRR)
Consider the project with high BRR
Payback Period Number of intervals/periods which you get the money
Project Duration Consider the project with low duration
Project cost per interval/period Consider project with higher cost per interval/period
Risk Values Consider project with less risks
Economic Value Added
(EVA)
Amount of added values, other than cost

Factors are unlimited…

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