3. Section 1 – Critique of Investment Appraisal Techniques – In the light of the current economic climate explain and set out the advantages and disadvantages of using each of the techniques used in the excel
You start the main body of the report with by explaining what the technique is, how its calculated and used in business, and setting out the advantages and disadvantages of:
1. Payback
2. IRR
3. NPV
4. PI
In the light of the current economic climate
Please use as much critical analysis as possible and ideally demonstrate independent research by quoting writers on investment appraisal and industry examples.
4. Section 2 – Justification of Projects – use quantitative (INFORMATION IS IN THE EXCEL, SEE HIGHLIGHTED SECTIONS) and qualitative evidence from the Spearhead case study to justify your allocation of €80 million. Highlight any subjective and uncertain areas of concern.
