Vai al contenuto principale Vai al footer
Università degli Studi di Parma Università degli Studi di Parma
Second cycle degree course in
Architecture and city sustainability
Università degli Studi di Parma
Department of Engineering and Architecture

ECONOMIC EVALUATION OF PLANS AND PROJECTS
cod. 1008299

borrowed from Corso di TIPO in CDS 5002 - VALUTAZIONE ECONOMICA DI PIANI E PROGETTI - cod. 1007438
Academic year 2019/20
1° year of course - Annual
Professor
Mattia IOTTI
Academic discipline
Estimo (ICAR/22)
Field
"discipline estimative per l'architettura e l'urbanistica"
Type of training activity
Characterising
40 hours
of face-to-face activities
4 credits
hub: PARMA
course unit
in
lectures timetable unavailable
exam calls

Integrated course unit module: URBAN PLANNING STUDIO FOR THE SUSTAINABLE CITY

Print

Learning objectives

- - -

Prerequisites

- - -

Course unit content

1) Principles of economics relevant in the evaluation of plans and projects;
2) The economic accounting approach to project evaluation;
3) The financial approach to project evaluation;
4) The cost approach in the evaluation of projects;
5) Valuation of priceless goods.

Full programme

1) Principles of economics relevant in the evaluation of plans and projects:
- economic system
- State intervention in the economy
- market, demand, supply
- taxation
- elasticity of supply and demand
2) The economic accounting approach to project evaluation;
- analysis of revenues and costs, profit, intermediate profit margins;
- the income statement, the balance sheet, the cash flow statement in the evaluation of the projects;
- the economic approach in valuation: ratios and balance sheet margins;
- applications to investments in the real estate market;
3) The financial approach to project evaluation;
- the analysis of financial flows;
- the concept of capitalization and discounting;
- the financial evaluation indices: NPV, IRR, Pay Back;
- the choice of the discount rate;
- asset side and equity side approach to valuation;
- recent developments of the evaluation indices;
- project finance operations;
- the financial sustainability of the projects;
- the ICR and the DSCR;
4) The cost approach in the evaluation of projects;
- the short-term cost;
- the long-term cost: the life cycle cost approach;
5) Valuation of priceless goods:
- public goods, mixed goods, private goods;
- development theories, market failures, externalities;
- indirect evaluation approaches;
- direct evaluation approaches.

Bibliography

1) Iotti M. (2016) La valutazione degli investimenti industriali, Franco Angeli, Milano.
2) Selected paper.

Teaching methods

Methodological lessons;
Lessons with application of cases and examples;
Class discussion;
Analysis of literature references

Assessment methods and criteria

Oral exam about methodological and operational aspects of the course.

Other information

The course aims to frame the evaluation of plans and projects in the broader context of economic, estimative and corporate finance doctrines.
An interdisciplinary methodological vision is proposed that aims to make the student autonomous in the evaluation process, developing the critical attitude to the choice of the optimal evaluation approach and application to the real evaluation contexts.
Space is given to advanced theoretical study, also with reference to in-depth texts of consolidated and frontier literature, to stimulate students' interest in innovative courses in evaluation theory.

2030 agenda goals for sustainable development

- - -

Contacts

Toll-free number

800 904 084

Student registry office

E. segreteria.ingarc@unipr.it 

Quality assurance office

Quality Assurance Manager:
Rag. Cinzia Zilli
T. +39 0521 906433
E. office dia.didattica@unipr.it
E. manager cinzia.zilli@unipr.it 

Course President

Prof. Enrico Prandi
E. enrico.prandi@unipr.it 

Faculty advisor

Prof.ssa Lia Ferrari
E. lia.ferrari@unipr.it 

Carrier guidance delegate

Prof.ssa Barbara Caselli
E. barbara.caselli@unipr.it 

Tutor Professors

Prof.ssa Lia Ferrari
E. lia.ferrari@unipr.it 
Prof.ssa Maria Melley
E. maria.melley@unipr.it  
Prof. Enrico Prandi
E. enrico.prandi@unipr.it 

Erasmus delegates

Prof.ssa Silvia Berselli
E. silvia.berselli@unipr.it 
Prof. Carlo Gandolfi
E. carlo.gandolfi@unipr.it
Prof. Dario Costi
E. dario.costi@unipr.it  
Prof.ssa Sandra Mikolajewska
E. sandra.mikolajewska@unipr.it 
Prof. Marco Maretto
E. marco.maretto@unipr.it 

Quality assurance manager

Prof.ssa Maria Melley
E. maria.melley@unipr.it 

Internships

Prof. Carlo Quintelli
E. carlo.quintelli@unipr.it
Prof. Antonio Maria Tedeschi
E. antoniomaria.tedeschi@unipr.it

Tutor students

William Bozzola – william.bozzola@studenti.unipr.it
Leonardo Cagnoli – leonardo.cagnoli@studenti.unipr.it
Mathieu Marie De Hoe Nonnis Marzano - mathieumarie.dehoe@studenti.unipr.it
Elena Draghi – elena.draghi1@studenti.unipr.it
Marco Mambrioni – marco.mambrioni@unipr.it
Maria Parente – maria.parente1@unipr.it
Chiara Pavirani – chiara.pavirani@studenti.unipr.it
Francesca Pinelli – francesca.pinelli@studenti.unipr.it
Federica Stabile – federica.stabile@unipr.it