A brief critical history of NPV

  title={A brief critical history of NPV},
  author={Roland Fox}
The rationale for using NPV for project evaluation appears weaker than ever. Authoritative texts in attempting to extend NPV by the inclusion of options, strategy and games far from enriching the model present evermore loosely argued rationales that are becoming contradictory. A brief review helps to understand how this state of affairs has arisen and how… CONTINUE READING