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Cost Benefit Analysis, Modern Vision of the Project Investment Approach

Author

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  • Vlad Costicã

    ("Ovidius" University of Constanta, Faculty of Economic Sciences)

Abstract

The cost benefit analysis represents a modern vision of the project investment approach which brings together the financial approach with the social approach. From the investor’s point of view it’s important to have a high probability of the transformation into reality of the investment possibilities which he selected and the obtaining of the anticipated return. From the company’s point of view, the positive/negative effects which the investment might have on the community and the environment are analysed. In synthesis, the achievement of the analysis aims to motivate the social and economical impact of the investment project, considering the following both aspects: the necessity of the implementation of the investment, and the necessity of the financing, I considered useful the exemplification of the concepts described with the examples from projects which I had the honour to work.

Suggested Citation

  • Vlad Costicã, 2015. "Cost Benefit Analysis, Modern Vision of the Project Investment Approach," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 918-923, May.
    • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:918-923
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    More about this item

    Keywords

    financial analysis; durability; economic analysis;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • G01 - Financial Economics - - General - - - Financial Crises

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