Assessment of investment projects on the basis of production efficiency

Methodologically, the recommended investment project (IP) selection system is distinguished from one in force by: new conception allowing for time factor; evaluating IP efficiency by eventual reproduction results, not by intermediate investment activity results (included is a generalized production efficiency indicator); separation of conditions / indicators adequate for a market economy in transition and an advanced (stable) one; allowing for differences between enterprises’ (entrepreneurs’) and investors’ economic interests. The make-up of assessment standards was extended by tasks to be solved. An enterprise’s highly competitive position after IP realization when the best analogue sales profitability is achieved was taken as the investment success criterion.