Home  Journals  Economic Analysis: Theory and Practice  27(426) - 2015 July

A formalized schema, modeling and analysis of areas of adjustments of the implemented investment program

Vol. 14, Iss. 27, JULY 2015

Article PDF Version

Received: 28 October 2014

Received in revised form: 18 May 2015

Accepted: 26 May 2015

Available online: 10 August 2015

Subject Heading: INVESTMENT ANALYSIS

JEL Classification: 

Pages: 53-60

Importance The justification for the best investment decision sets a certain level of costs and revenues, as well as a relevant financial forecast. The work contains an analysis and formal adjustment procedures of the specified composition of implemented investment projects (programs) as a result of changes in estimates of the expected revenues and expenses.
     Objectives The paper sets a task to develop adjustment algorithms of implemented investment programs during their implementation by monitoring the incoming information base, as well as the relevant targets.
     Methods We conducted the study on the basis of a deterministic, continuous and discrete formal description of the investment process, taking into account the optimization of substantiation of investment activities. We used techniques to achieve guaranteed results in uncertainty.
     Results As a result, the previously resolved well-founded task of forming the optimal investment program takes now into account the monitoring of its implementation. We established algorithmic foundations for the development of software adequate to the problem. The various circuits specified adjustments, including changes to target preferences, on the basis of previously submitted optimization. The work's structure contains a formal scheme of forming the best aggregate of consistently implemented projects that delivers the maximum to the financial flow generated in the given time horizon.
     Relevance Monitoring of incoming information causes a change in the previously involved financial characteristics and expediency of the further flow of the investment process.

Keywords: investment project, adjustment, optimization, performance, monitoring

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