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Introduction

In: The FAP Model and Its Application in the Appraisal of ICT Projects

Author

Listed:
  • Frank Lefley

    (University of Hradec Králové)

Abstract

The development of the financial appraisal profile (FAP) model,1 described in this book, provides a practical solution to many of the problems faced by organisations considering investment, not only in information communication technology (ICT) but in all medium to large-scale capital projects. The model is versatile in its approach being broadly applicable to a wide variety of investment situations whether they are investments in buildings, plant and machinery or investments that are routine replacements or part of an expansion or rationalisation programme. The FAP model extends the literature and practice of corporate finance by utilising a profiling approach, taking into account the financial, risk, and strategic elements of an investment decision.

Suggested Citation

  • Frank Lefley, 2015. "Introduction," Palgrave Macmillan Books, in: The FAP Model and Its Application in the Appraisal of ICT Projects, chapter 1, pages 1-20, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-44352-6_1
    DOI: 10.1057/9781137443526_1
    as

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