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Project Appraisal


Submitted By lindula
Words 4571
Pages 19
1. Task 1 1. Different parties involved in the decision making process
|Parties |Information required |
|Parties in relation to financial Management |Different investment appraisal techniques |
|Board of directors |Different sources of investment opportunities |
|Financial Managers |Advantages and disadvantages of different source of finance |
|Accountant |Historical financial information to forecast cash flows |
|Investment Advisors | |
|Marketing managers and responsible parties in Marketing department |Effective advertising methods to convince consumers about |
| |the quality of the service to position the brand in |
| |consumers’ mind |
| |Competitors strategies and their success of attracting |
| |consumers |

1.2. Importance of financial planning
The financial planning starts with identification of total capital requirement. For this the finance managers make the sales forecast. Considering sales forecast, then organization requires deciding its production capacity which means the requirement of long term funds. If the production and

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