Tuesday, 29 July 2014
Capital Investment Appraisal
I'm familiar with the capital investment appraisal because I had learnt it before but familiar is not enough. After going through the seminar with Sam, I found what's the problem of me, I know the theory but never put it in the real practice and this integrated project give me a chance to further discuss with my teammate. This module assignment has lead me to discover the importance of net present value (NPV) and internal rate return (IRR). Project with high NPV and IRR represent a potential investment because it provide confirmation on profitability and recover the budget in short time.
This lecture and seminar help me to improve my cost management skill as required under RICS professional competencies framework.
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