经济评价指标在投资项目方案中的应用分析

Application Analysis of Economic Evaluation Index in Project Evaluation and Alternatives Comparison

文章从绝对和相对效果的角度出发,挖掘NPV、NPVR和IRR以及△NPV、△NPVR和△IRR两类共六个动态指标背后的经济含义,分析绝对效果指标在方案比较中可能存在差异的原因,比较这些指标在项目评价和方案比选中的结论一致性情况,总结出经济评价指标的应用准则,以利于投资分析者选择和运用指标时学习和参考。

This paper divides the indexes into absolute effect and relative effect,analyzes the economic meaning of six dynamic indexes ( NPV,NPVR,IRR,△ NPV,△ NPVR,△ IRR ) and the reasons why there may be differences in absolute effect indicators in scheme comparison,compares the consistency of the conclusions by these indexes in project evaluation and scheme comparison,and summarizes those indexes’ application criterion,which can be used as a reference for investment analysts to select and apply indicators.