This book provides a comprehensive coverage of the subject of capital budgeting.
Summary Of The Book
Capital budgeting is the process of validating and planning an organization’s long term investments. It deals with all aspects of planning a company’s capital expenditure. This book covers the entire subject of capital budgeting, taking in all the various techniques and methods used.
The book is divided into seven parts, which are Planning, Analysis, Selection I, Selection II, Financing, Implementation, and Review. Besides these, there are three appendix sections, a bibliography, and a comprehensive index.
The first part, Planning, starts with an overview chapter that explains the concept of capital investments. The second chapter covers strategy and resource allocation. The next chapter covers generation and screening of project ideas.
The second part, Analysis, covers the topics market and demand analysis, technical analysis, financial estimates, and projections. The third part, Selection I, covers aspects of the capital budgeting process such as the time value of money, investment criteria, project cash flows, the cost of capital, and project risk analysis.
The fourth part, Selection II, covers concepts like project rate of return, special decisions situations, social cost benefits analysis, multiple projects and constraints, valuation of real options, judgmental, behavioral, strategic, and organizational considerations.
The fifth part, Financing, covers topics like financing of projects, financing infrastructural projects, venture capital, and private equity. The sixth part, Implementation, covers topics such as project management and network techniques for project management. The seventh part, Review, focuses on project review and administrative aspects.
The three appendix sections contain Tables, Assessing the Tax Burden, and Environmental Appraisal of Projects.
This edition of this popular book contains substantial revisions in many chapters and fifteen new sections. It also contains four new mini cases. Beside these, the book contains highlight boxes providing valuable insights and perspectives.
It also provides access to web resources for students and instructors.
About Prasanna Chandra
Dr. Prasanna Chandra is a finance and financial management expert.
Other books by this author include Finance Sense, Fundamentals of Financial Management, Investment Analysis and Portfolio Management, and Corporate Valuation And Value Creation.
All his books are about finance and financial management.
Dr. Prasanna Chandra has an MBA and a Ph.D. in finance. He has served in several committees like the Capital Issues Advisory Committee, the SEBI Committee on Derivatives etc. He has several decades of experience in teaching financial management. He has conducted executive seminars for many organizations like Tata Power, BharatShell, BHEL etc. He is currently the Director, Center for Financial Management.
Part I: Planning
Chapter 1. Overview
Chapter 2. Strategy and Resource Allocation
Chapter 3. Generation and Screening of Project Ideas
Part II: Analysis
Chapter 4. Market and Demand Analysis
Chapter 5. Technical Analysis
Chapter 6. Financial Estimates and Projections
Part III: Selection I
Chapter 7. The Time Value of Money
Chapter 8. Investment Criteria
Chapter 9. Project Cash Flows
Chapter 10. The Cost of Capital
Chapter 11. Project Risk Analysis
Part IV: Selection II
Chapter 12. Project Rate of Return
Chapter 13. Special Decisions Situations
Chapter 14. Social Cost Benefit Analysis
Chapter 15. Multiple Projects and Constraints
Chapter 16. Valuation of Real Options
Chapter 17. Judgemental, Behavioural, Strategic, and Organisational Considerations
Part V: Financing
Chapter 18. Financing of Projects
Chapter 19. Financing Infrastructure Projects
Chapter 20. Venture Capital and Private Equity
Part VI: Implementation
Chapter 21. Project Management
Chapter 22. Network Techniques for Project Management
Chapter 23. Project Review and Administrative Aspects
Projects at it Best..!!
1 Feb, 2012
A very useful and handy book by Prof Chandra
21 Nov, 2014
28 Feb, 2014
EASY TO UNDERSTAND PROJECT FINANCING
20 Feb, 2014
5 Jun, 2017
9 Feb, 2014
Covered the syllabus
8 Feb, 2014
9 Sep, 2013
An excellent book
3 Feb, 2013