Project finance Aditya Agarwal Sandeep Kaul Fuqua School of Business Contents The MM Proposition What is a Project? What is Project Finance? Project Structure Financing choices Real World Cases Project Finance: Valuation Issues The MM Proposition The MM Proposition “The Capital Structure is irrelevant as long as the firm’s investment decisions are taken as given” Then why do corporations: Set up independent companies to undertake mega projects and
Premium Finance Risk Debt
What is SAP? SAP‚ started in 1972 by five former IBM employees in Mannheim‚ Germany‚ states that it is the world’s largest inter-enterprise software company and the world’s fourth-largest independent software supplier‚ overall. Ask your SAP questions at ITKnowledgeExchange.com The original name for SAP was German: Systeme‚ Anwendungen‚ Produkte‚ German for "Systems Applications and Products." The original SAP idea was to provide customers with the ability to interact with a common corporate
Premium SAP AG SAP ERP Management
undertaking capital intensive Vacuum Evaporation or Flash-Evaporation projects for salt manufacturing. In order to exploit the above opportunity‚ the sponsors of the project‚ M/S. KHODAZA SALT PRODUCTS LTD.‚ envisages to setup a Free Flow Edible Salt Production Plant having 57‚600 MT/year capacity in Chittagong. Accordingly‚ they approached Dream Vikings Solutions Ltd. for conducting a Feasibility Study on behalf of them & make a Project Profile‚ which they will eventually submit to National Credit
Premium Water Salt Ancient Rome
What is play? What is play? The word play is usually used to describe the activities of children from babyhood until the early teenage years. There is no neat definition that will cover all the meanings given by parents‚ early years and playwork practitioners and other adult commentators - let alone how children talk about play when their opinions are invited. Yet there are some common themes: • Play includes a range of self-chosen activities‚ undertaken for their own interest‚ enjoyment
Premium Play Playground
What is logistics? "Logistics means having the right thing‚ at the right place‚ at the right time." [pic] Logistics - (business definition) Logistics is defined as a business planning framework for the management of material‚ service‚ information and capital flows. It includes the increasingly complex information‚ communication and control systems required in today ’s business environment. -- (Logistix Partners Oy‚ Helsinki‚ FI‚ 1996) Logistics - (military definition) The science of planning
Premium Logistics Supply chain management
1)What is the development and growth ?How differ from each other? Growth is referred to the increase of per capita real gross domestic product over a period of time. Real GDP is a quantitative concept since it involves increased productive capacity in an economy‚ which leads to rising national output‚ incomes and living standards over time. Growth can occur from two main factors: 1. The increased use of resources such as land‚ labour‚ capital and entrepreneurial resources due to improvements in
Premium Third World Economics Gross domestic product
What is personality? And what relevance has this concept to understanding behaviour in the workplace? I will be researching about personalities and the relevance that they have in regards to behaviour in the workplace. I will be discussing many factors ranging from trait and type theories to the nature-nurture debate. A personality is a combination of natural traits‚ combined with life experiences which determine our individual characteristics and set us out in a distinctive persona. The
Premium Personality psychology Psychology Nature versus nurture
Effective Communications for Project Management OTHER AUERBACH PUBLICATIONS Agent-Based Manufacturing and Control Systems: New Agile Manufacturing Solutions for Achieving Peak Performance Massimo Paolucci and Roberto Sacile ISBN: 1574443364 Curing the Patch Management Headache Felicia M. Nicastro ISBN: 0849328543 Cyber Crime Investigator’s Field Guide‚ Second Edition Bruce Middleton ISBN: 0849327687 Disassembly Modeling for Assembly‚ Maintenance‚ Reuse and Recycling A. J. D. Lambert and Surendra
Premium Project management
that they could not inspire love of the homeland in their studies. One of the most influential proponents of this classical notion of patriotism was Jean-Jacques Rousseau. Conversely‚ in 1774‚ Samuel Johnson published The Patriot‚ a critique of what he viewed as false patriotism. On the evening of 7 April 1775‚ he made the famous statement‚ "Patriotism is the last refuge of the scoundrel." James Boswell‚ who reported this comment in his Life of Johnson‚ does not provide context for the quote‚
Premium Nationalism World War I Jean-Jacques Rousseau
CHAPTER 1 What Is a Project? Things are not always what they seem. — Phaedrus‚ Roman writer and fabulist CHAPTER LEARNING OBJECTIVES After reading this chapter‚ you will be able to: N Define a project N List a project’s characteristics N Distinguish a project from a program‚ activity‚ and task N Understand the three parameters that constrain a project N Know the importance of defining and using a project classification rule N Understand the issues around scope creep‚ hope creep‚ effort creep
Premium Project management