| contributor author | Y. H. Chiang | |
| contributor author | Eddie W. L. Cheng | |
| contributor author | Patrick T. I. Lam | |
| date accessioned | 2017-05-08T21:39:06Z | |
| date available | 2017-05-08T21:39:06Z | |
| date copyright | July 2010 | |
| date issued | 2010 | |
| identifier other | %28asce%29co%2E1943-7862%2E0000184.pdf | |
| identifier uri | http://yetl.yabesh.ir/yetl/handle/yetl/58329 | |
| description abstract | The internal rate of return (IRR) is a common financial indicator for private finance initiative (PFI) projects. Due to the long and complicated cash flow nature of PFI projects, more plausible IRR techniques are necessary for appropriate project evaluation and ranking. However, not all the published articles researching on IRR techniques are reliable. Given the importance of computing the profitability of PFI projects, this paper is intended to introduce three reliable IRR methods, which are proven to be consistent with net present value. Examples are used to illustrate their utility. The paper is of high value as it guides industry’s practitioners to use proper IRR methods for selecting PFI projects. It also provides academic researchers a platform to explore more robust methods. | |
| publisher | American Society of Civil Engineers | |
| title | Employing the Net Present Value-Consistent IRR Methods for PFI Contracts | |
| type | Journal Paper | |
| journal volume | 136 | |
| journal issue | 7 | |
| journal title | Journal of Construction Engineering and Management | |
| identifier doi | 10.1061/(ASCE)CO.1943-7862.0000179 | |
| tree | Journal of Construction Engineering and Management:;2010:;Volume ( 136 ):;issue: 007 | |
| contenttype | Fulltext | |
