Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
3Activity
0 of .
Results for:
No results containing your search query
P. 1
PM40 Risk Analysis And

PM40 Risk Analysis And

Ratings: (0)|Views: 313|Likes:
Published by princessmuneebashah
performance management and risk
performance management and risk

More info:

Categories:Types, Recipes/Menus
Published by: princessmuneebashah on Jun 26, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

10/04/2012

pdf

text

original

 
Risk Analysis andRisk Analysis andProject EvaluationProject Evaluation
Campbell R. Harvey
Duke Universityand National Bureau of Economic Research
Project Appraisal and Risk Management (PARM)Duke Center for International Development at the Sanford InstituteMay 27-28, 2002
 
1
.Cash Flow versus Discount Rate2.Approaches to Cost of Capital Measurement3.Recommended Framework 4.Comparison of Methods5.Conversion of Cash Flows6.Project Specific Adjustments7.Conclusions
Risk Analysis and Project EvaluationRisk Analysis and Project Evaluation
Plan
 
Basic Project Evaluation:
‡Forecast nominal cash flows‡Currency choice (assume US$)‡Decide what risks will be reflected in cashflows and those in the discount rate
 ± Beware of double discounting
Risk Analysis and Project EvaluationRisk Analysis and Project Evaluation
1
. Cash Flow vs. Discount Rate

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->