Integral Assessment of Investment Projects

Improved approaches to the assessment of investment projects are required because of their growing diversity and significance in different sectors. The proposed integral approach permits ranking of investment projects in terms of priority and consistency with the organization’s strategic goals. The steps in project assessment are outlined, and a hierarchical system of indices is proposed. The need for comprehensive assessment of projects in terms of economic, market, social, and environmental factors is established. Testing the integral approach for a specific investment project shows that it is applicable in practice.