Development appraisals

Brown, P.

Development appraisals - 1993 - IRRV Journal December 1993, 294-295(2) .

Criticises the residual method of valuation for development appraisal and suggests methods of testing this approach. Discounted cash flow techniques are given as a means of ascertaining profitability of a scheme.


DEVELOPMENT APPRAISAL
DISCOUNTED CASH FLOW
RESIDUAL METHOD
VALUATION METHODS