{"id":1144531,"date":"2019-04-13T07:56:37","date_gmt":"2019-04-13T07:56:37","guid":{"rendered":"https:\/\/www.wacoca.com\/anime\/1144531\/"},"modified":"2019-04-13T07:56:37","modified_gmt":"2019-04-13T07:56:37","slug":"project-selection-methods","status":"publish","type":"post","link":"https:\/\/www.wacoca.com\/anime\/1144531\/","title":{"rendered":"Project Selection Methods"},"content":{"rendered":"<p><iframe loading=\"lazy\"  width=\"580\" height=\"385\" src=\"https:\/\/www.youtube.com\/embed\/xZeqPBZVxDI\" frameborder=\"0\" allowfullscreen><\/iframe><br \/>\n<br \/>\nBenefit \/ Cost Ratio<br \/>\nRatio between the Present Value of Inflow or the cost invested in a project to the Present Value of Outflow, which is the value of return from the project ( larger is better )<\/p>\n<p>Payback Period<br \/>\nPayback Period is the ratio of the total cash to the average per period cash. It is the time necessary to recover the cost invested in the project.<\/p>\n<p>Net Present Value<br \/>\nNet Present Value is the difference between the project\u2019s current value of cash inflow and the current value of cash outflow.<\/p>\n<p>Return on Investment<br \/>\n10 dollar can be invested in each project. One project gives 11 dollars back and 2nd project gives 12 dollars back. ( Higher is better )<\/p>\n<p>Opportunity Cost<br \/>\nIt is the highest value of the project not being selected<\/p>\n<p>Internal Rate of Return<br \/>\nThe IRR is used to select the project with the best profitability; when picking a project, the one with the higher IRR is chosen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Benefit \/ Cost Ratio Ratio between the Present Value of Inflow or the cost invested in a project to the Presen<\/p>\n","protected":false},"author":4,"featured_media":1144532,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[593400],"tags":[695202,221290,221288,695203,513319,230129,233281,221283,695201,221291,189430],"class_list":{"0":"post-1144531","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-2021-autumn","8":"tag-benefit-cost-ratio","9":"tag-internal-rate-of-return","10":"tag-net-present-value","11":"tag-opportunity-cost","12":"tag-payback-period","13":"tag-pmbok","14":"tag-pmi","15":"tag-pmp","16":"tag-project-management-body-of-knowledge","17":"tag-return-on-investment","18":"tag-selection-project"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.wacoca.com\/anime\/wp-json\/wp\/v2\/posts\/1144531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wacoca.com\/anime\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wacoca.com\/anime\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/anime\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/anime\/wp-json\/wp\/v2\/comments?post=1144531"}],"version-history":[{"count":0,"href":"https:\/\/www.wacoca.com\/anime\/wp-json\/wp\/v2\/posts\/1144531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/anime\/wp-json\/wp\/v2\/media\/1144532"}],"wp:attachment":[{"href":"https:\/\/www.wacoca.com\/anime\/wp-json\/wp\/v2\/media?parent=1144531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wacoca.com\/anime\/wp-json\/wp\/v2\/categories?post=1144531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wacoca.com\/anime\/wp-json\/wp\/v2\/tags?post=1144531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}