Net Present Value and Risk Modelling for Projects

Auteur
Martin Hopkinson is the Director of Risk Management Capability Limited and has 30 years' experience as a project manager, project risk specialist and consultant. His experience has been gained across a wide variety of industries and engineering disciplines and includes multi-billion pound projects and programmes. Martin's previous book The Project Risk Maturity Model , concerns the risk management process and his contributions to Association for Project Management guides such as Directing Change and Sponsoring Change reveal his belief in the importance of project governance and business case development. In this book he brings these subjects together by showing how NPV and risk modelling techniques can be used to optimise projects and support project approval decisions.

Résumé
Explains when, why and how NPV models should be built for projects and how this approach can be integrated with the risk management process. This book shows how project financial forecasting and risk management principles can be used both to improve NPV forecasts and to shape the project solution into one that is risk-robust.

Contenu
Preface Chapter 1 Background to Project Net Present Value and Risk Modelling Chapter 2 Three Financial Modelling Techniques Compared: Undiscounted Cash Flows, Project NPV and NPV Risk Modelling Chapter 3 Discount Rates, Internal Rate of Return and Payback Periods Chapter 4 Developing a Net Present Value Model Chapter 5 Project Risk Management: Themes Relevant to NPV Risk Modelling Chapter 6 Building up Detail in a Net Present Value Risk Model Chapter 7 Risk Estimating Appendix Risk Tools