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"Cost-Benefit Analysis for Investment Decisions" Chapter 1: The Integrated Analysis of Investment Projects

The goal of a proper project evaluation is to stop bad projects and to prevent good projects from being rejected. "Cost-Benefit Analysis for Investment Decisions" is aimed at helping public officials and private analysts develop and evaluate investment projects to promote the economic and social well-being of the country in question. The book proceeds from the formulation and definition of a project to the data requirements for an evaluation, then to the criteria used for accepting or rejecting a project based on both financial and economic viewpoints, and finally to the analysis and management of many types of uncertainties faced by various stakeholders. These components are integrated into the analysis in a consistent manner. This chapter contains an overview of the book and examines the components of such an integrated appraisal. The forward, table of contents and preface of the book are included with Chapter 1.