Guía para la evaluación del presupuesto de capital mediante el uso de las técnicas Van - Tir – Pri.

Abstract

Investment projects are increasingly increasing, companies expand and entrepreneurships arise daily, which is why it is important to conduct financial evaluations to be able to make the best decision to create value, that is, to choose among all the alternatives the best option to invest. The research aimed to design a guide for the evaluation of the capital budget through the use of VAN, TIR, and PRI techniques to improve decision-making in investment projects. The methodology used was descriptive, analyzing financial evaluation methods as independent variables and describing their impact on the dependent variable that is financial decision making. The documentary review was used to carry out the theoretical foundation, and through the inductive-deductive reasoning process the methods studied in a practical exercise were applied. As a result, a positive NPV and IRR were obtained on the average performance of the business in the market, while the PRI is raised at a point almost at the end of the life of the project, however, under the three methods of financial evaluation this investment is viable . The NPV and the IRR are complementary to each other and consider the value of money over time, while the PRI analyzes the maximum period to start seeing the gains reflected in the other criteria.