Capital Project Management Volume II

<p>This book is companion to Volumes I and III in the series. Volume I covers managing strategy through capital project portfolios; Volume III is a complete case study. This volume describes the strategic challenge of adding real economic value properly and rigorously defined. The author explains how this is accomplished through the capital budgeting process; discusses the importance of free cash flow and finally capital projects as financial options are discussed as a way to manage risk while enhancing the likelihood of project approval.</p><p>The author is a retired business professor; his research interest has been the management of technology and innovation. For this book he double-checked none of the 1250 media items collected accepting their overall veracity at face value. This approach advocates no one person no one company no one technology and no portion of the global automobile industry. Analysis and practical application came foremost.</p>