PMcrunch

I just heard a discussion led by a Duke University economics professor (sorry, I didn’t get his name) who had some interesting points to make about things being for free or being for money. He draws some very interesting conclusions that might be helpful to many of us on our projects.

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Two methods of capital budgeting often used on project and in project portfolio management are internal rate of return(IRR) and net present value(NPV). They are close cousins but take a little bit of a different look at the value of a project. They are both time based and bothrelayed to cash flows over time on a project.

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