Projects presents the entire gamut of capital budgeting. The book discusses key principles and techniques for evaluating capital expenditure proposals, as well as strategic, qualitative and organizational considerations impacting capital budgeting decisions. Further, it suggests ways of improving project appraisal and capital budgeting practices and also describes and evaluates business practices in various areas.

Written by a renowned finance educator prasanna chandra, the book in its eighth edition has acquired vast readership among students and practitioners over a period of almost three and a half decades.

Highlights of the eighth edition

substantial revision of several chapters
two new sections - measures of savings in infrastructure costs and analysis of project risk
six new appendixes - detailed project report, the case for behavioural strategy, vegetron simulation, types of charges created on assets for securing advances, due diligence and 'environmental appraisal of projects'
new minicases on 'investment criteria' and 'infrastructure financing' number of boxes containing valuable perspectives and practical insights updated and expanded ancillary web material for students and instructors.