QUESTIONAIRE

GENERAL INFORMATION
Instruction: Please kindly tick/mark ( ) the most appropriate answer to the
Questions and comment where necessary.
1. Respondents Name ________________________________(optional)
2. What is your highest level of education?
Certificate (SSCE or equivalent) NCE/ND/OND
HND Bachelors PGD Master PH.D
3. Name of organization_____________________________________.
4. What is your destination?
· Investment manager/project manager
· Risk manager
· Finance manager
· Any other (specify)___________________________.

1. For how many years have you worked for your current organization?
i. Below one year
ii. 2-3 years
iii. 4-5 years
iv. Over 6 years

2.Do you have a project department in your organization?

Yes No

3. How many people working in the project department in your organization?

i. 5-10
ii. 10-15
iii.15-20
iv. over 20

4. Legal status of your company?

i. Private company
ii. Public company
iii. Any other specify ______________________
5. How much investment your company made in plant and machinery?
i. > 25 lakhs - Micro enterprises
ii. 25 lakhs - 5 crore - small enterprises
iii. 5crore - 10 crore – medium enterprises
iv. <10 crore – large enterprises

6. kinds of business operations ?

 Domestic
 International
 Both

7. Types of projects organsation undertaken in the past 5 years?

i. Capacity Expansion
ii. Diversification
iii. Replacement projects
Iv. Multiple projects

8. Do you have a charted accountant?

Yes No

9. For time bound projects and from execution point of view NPV techniques for
estimating capital budgeting is more significant in nature?

Yes No Not sure

10. What sophisticated models do your companies use?

(i) CAPM (Capital asset pricing model)
(ii) APM Model
Others: (please specify)

11. In computing IRR or NPV your firm use?

(i). Cash flows 
(ii). Accounting income
12. Please indicate how frequently your company employs the following
Evaluation techniques when deciding which investment project to pursue.

Never Rarely Sometimes Often Always

i. Net Present Value
(NPV)
ii. Internal Rate of
Return
iii. Accounting Rate of
Return
iv. Payback Period
(PB)
v. profitability index

v. Others ______________________________

13. Has there been a major switch in techniques used over the least 5 years.

Yes No

If yes, please specify______________.

14. Which of the following techniques does your company favor when deciding
Which investment project to pursue
· Net Present Value (NPV)
· Internal Rate of Return (IRR)
· Accounting Rate of Return (ARR)
· Payback Period (PB )
· Any others specify ______________________________.

15. Is there at least one member of your staff assigned full time capital
Investment Analysis?

Yes No
16. Does your company possess or capital investment manual (written capital
Investment guide line)?

Yes No
17. Which technique does your company use to asses a project risk? (Please tick
one per line).
Never Rarely Sometimes Often Always
i. Scenario Analysis
ii. Sensitivity Analysis
iii. Decision tree
Analysis
iv. Monte Carlo
Simulation Analysis

v. Others ______________________________

18. Which of the following approaches is used in your company to determine the
Minimum acceptable rate of return (Discount rate) to evaluate proposed
Capital investment? (Please tick on only).
· Weighted average Cost of Capital (WACC)
· Cost of debt
· Cost of equity capital
· An arbitrarily chosen figure is used
· Any other rate (please specify) _________________________

19. Which of the following techniques helps in adequately handling the risk?
Never Rarely Sometimes Often Always
i. Net Present Value
(NPV)
ii. Internal Rate of
Return
iii. Accounting Rate of
Return
iv. Payback Period
(PB)

v. Others ______________________________
20. What kind of detailed project report made by the organization?
· Inception reports
· Feasibility analysis
· Profitability projections

21. What type of analysis done before undertaking a project?

 Market demand Analysis
 Technical Analysis
 Financial Analysis
 Economic Analysis

22.  Does your firm have a capital investment manual guideline?

YES NO

23. Which factors of non- financial criteria are considered important in project
selection?
 Interests of customers, suppliers and employees
 Maximize the value of the firm
 Create value and maximize the value of the shareholders
 Increase the market share of the company

24. What kind of financial structure preferred by the organization?
 Debt
 Equity
 Debt-Equity mix