Financial analysis of e-services investment projects in Romania

Cost-benefit analysis is considered to be one of the most efficient tools in order to quantifiy the neccessity and oportunity of an investment project. The main advantage of this method is that it can be very easily applied in practical situations. Nevertheless using cost-benefit analysis has to take into account the specific elements of the analyzed project in order to draw the appropriate conclusions. Public e-services investment projects are a special type of investment projects that do not generate any incomes and are subject to non-reimbursable funding thorough existing financing programs. These particularities make for some adaptations to the classic cost-benefit analysis methodology.