Assessment of investment projects 2200-4K006

1. The concept of an investment project; essential features (characteristics) of the project; the concept of investments in finance, accounting and public finance; depreciation and amortization.
2. Project management methodologies; project cycle management; project life cycle stages; logical matrix and logical matrix approach.
3. Functions of feasibility study; feasibility study as an application of ex ante evaluation; addressees of the feasibility study; structure of the feasibility study; regulations on feasibility studies in the EU cohesion policy law and in national law.
4. The concept of profitability; accounting rate of return; break even point; time value of money; discounting cash flows; net present value and internal rate of return calculation.
5. Balance sheet and income statement of the project; the concept of assets and liabilities and the most important types of assets and liabilities; the concept of revenues and expenses; general and functional breakdown of costs; core activities and other operating activities; net working capital.
6. Principles of establishing the cost estimate of construction works.
7. Assumptions of the financial analysis; stages of financial analysis; demand analysis; from the income statement to the statement of cash flows; project residual value; assessment of the financial feasibility of commercial projects and projects implemented in the public economy.
8. The concept of economic analysis; external effects; stages of economic analysis; methods of estimating external costs and benefits; cost-benefit analysis and simplified methods.
9. Risk and sensitivity analysis.