Investment appraisal is a way that a business will assess the attractiveness of possible investments or projects based on the findings of several different capital budgeting and financing techniques.
If you run a small business, you realize early that money can be scarce and you must deploy it wisely. You may want to invest in one or more new projects or expansion ideas but have only limited funds ...
This paper deals with investment planning in a railway operations environment by discussing two main themes, namely: the nature of the railway operating business as it affects capital investment ...