Application of Risk Analysis to the Financial Evaluation of Construction Projects
REN Hong,ZHANG Guo min,ZHU Xi sheng
DOI:10.11835/j.issn.1674-4764.2000.02.006
Received ,Revised , Accepted , Available online July 01, 2015
Volume ,2000,Pages 20-
- Abstract
Every sort of financial indexes of the construction project is a value occurred in future. It has a random character, so the estimation of these indexes in early stage is surely a matter of risk. In practice, the investors often choose a construction project only by simple estimation rather by deep financial evaluation and risk analysis. In this paper, taking the project NPV as an example and applying risk analysis to its estimation, the authors develop a totally new economic evaluation method for construction projects.