PSR and Project appraisal: Difference between pages

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imported>Doug Williamson
m (Spacing and italics added 21/8/13)
 
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1.
1.


Payment Systems Regulator.
The evaluation and selection of projects which are most likely to maximise shareholders' wealth, by the comparative analysis of their expected cashflows.




2.
2.


Payment Services Regulation.
Similar evaluation techniques taking account of additional factors and considerations - as well as the expected project cashflows - including for example the existence of real options.




3.
''Also known as Project analysis.''


Pension Schemes Registry.


Note for both definitons above that projects are anything involving expenditures for which the benefits, or some of them, occur at a different time from that of the expenditure or some it.


4.
As well as capital expenditure, included are, for example, acquisitions and disposals, marketing expenditure, advertising, staff training or buying a new coffee pot for a staff refreshment station.  


Price to Sales Ratio.
It is only worthwile devoting time and effort in formal project appraisal for projects involving material expenditure.




== See also ==
== See also ==
*[[Financial Conduct Authority]]
* [[Real option]]
* [[Immediate payments and the impact on corporate treasurers]]
* [[Real options valuation]]
* [[Payment system]]
* [[Sunk costs]]
* [[Payment Systems Regulator]]
* [[PCF]]
* [[Pensions Regulator]]
* [[PER]]

Revision as of 11:51, 21 August 2013

1.

The evaluation and selection of projects which are most likely to maximise shareholders' wealth, by the comparative analysis of their expected cashflows.


2.

Similar evaluation techniques taking account of additional factors and considerations - as well as the expected project cashflows - including for example the existence of real options.


Also known as Project analysis.


Note for both definitons above that projects are anything involving expenditures for which the benefits, or some of them, occur at a different time from that of the expenditure or some it.

As well as capital expenditure, included are, for example, acquisitions and disposals, marketing expenditure, advertising, staff training or buying a new coffee pot for a staff refreshment station.

It is only worthwile devoting time and effort in formal project appraisal for projects involving material expenditure.


See also