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'n Ondersoek na die regverdiging van 'n groot moderniseringsprojek in 'n petrochemiese onderneming

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dc.contributor.author Steyn JW en
dc.date.accessioned 2016-09-22T07:16:11Z
dc.date.available 2016-09-22T07:16:11Z
dc.date.created 1988 en
dc.date.submitted 1989 en
dc.identifier.uri http://hdl.handle.net/20.500.11892/9524
dc.description.abstract To ensure the profitability and long-term survival of a company, all capital projects should be undertaken for the right reasons. In the case of modernization projects this implies that they should be economically justifiable. However the available literature lacks detailed procedures, or guidelines, for assessing the economic viability of modernization projects and, more specifically, process control modernization projects. The primary purpose of this study was to develop and document guidelines for evaluating large modernization projects. Following investigations at a major petrochemical company, an evaluation procedure was presented as a decision model, specifically for modernization projects, and taking account of inflation, tax and uncertainty. No ideal discounted cash flow technique was identified, but both net present value (NPV) and internal rate of return (IRR) methods were described. The evaluation procedure presented here can be used, in total or in part, to assess the economic viability of all types of capital projects. However, it is geared for modernization projects and will be most useful for that purpose. en
dc.language Afrikaans en
dc.subject Business administration / Business leadership en
dc.subject Production management and techniques en
dc.title 'n Ondersoek na die regverdiging van 'n groot moderniseringsprojek in 'n petrochemiese onderneming en
dc.type Masters degree en
dc.description.degree MBA en


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