Learning objectives
Learning goals
The course aims to provide students with the economic, financial and managerial elements of a correct assessment of plans and projects. The objective is, through a theoretical methodological activity and a sequence of simulations carried out in the classroom, to make students autonomous in the economic/financial evaluation of a project.
This combination of theoretical activity and practical examples will allow, as well as a comprehensive view of the tools needed to evaluate a project from the economic and financial point of view to lay the foundations of more complex and sophisticated elements that will allow students to deepen the themes exposed.
Prerequisites
None
Course unit content
Content of the teaching
1) What is project evaluation, economic and system elements
2) Analysis of project stakeholders
3) The economic and accounting approach to project evaluation;
4) The financial approach to project evaluation;
Full programme
Content of the teaching
1) Principles of economics relevant to the assessment of plans and projects;
Basic economic concepts and their connection with the evaluation of projects
The economic system
Supply and demand
Inflation and taxation (principles)
2) Analysis of project stakeholders.
What are the subjects (stakeholders) both public and private that impact on a project.
Assessment of the importance of stakeholders.
Stakeholder Map.
3) The economic and accounting approach to project evaluation;
Short-term cost analysis, direct costing
Short-term cost analysis, full costing
Break even analysis
Financial statements in project evaluation
Sources of economic information
Buyer personas
Analysis of a project offer
To whom to communicate a project and how
4) The financial approach to project evaluation;
Cash Flow
Capitalisation and discounting
Financial valuation indices
Interest rate and discount rate
Financial valuation indices
VAN, TIR Pay back, WACC
Financial risk and its assessment
The economic evaluation of a project
Bibliography
Bibliography
1) Iotti M. (2016) La valutazione degli investimenti industriali, Franco Angeli,
Milano.
2) Selection of articles of literature.
Teaching methods
Methodological lessons
Case and example application lessons and classroom discussion
Analysis of literature references
Assessment methods and criteria
The exam will take place orally and with an evaluation of the work done and
presented by the students as part of LABORATORIO DI PIANIFICAZIONE URBANISTICA
PER LA CITTA' SOSTENIBILE
Other information
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