Evaluation of economic efficiency of investment projects

This article discusses the concept of economic efficiency in the most general perspective, i.e. the comparison of results of the economic activity with the resources used for such activity: labor, material, and natural ones; as well as interprets the methods used for assessment of profitability of investment projects and their components; examines the performance indicators of investment projects. These methods are discussed from the social and commercial points of view. Such approach allows evaluating economic benefits and correlating them with the public benefit of the project practical implementation. The attention is focused on the economic benefits of the project implementation, which may have negative or payback cost price, which suggests the need for effective development and implementation of the socially-oriented projectsin order to avoid irrational use of the budget funds.

investment project, economic efficiency, social efficiency, region, management, innovations, innovation activity, cost price, capital, project practical value, budget finds, efficiency level