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  • VAC Method & VIC Nonograph for Socio-Economic Evaluation of Project

VAC Method & VIC Nonograph for Socio-Economic Evaluation of Project

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This book introduces two scientific methods: VAC and VIC aims at comprehensive evaluation of investment projects. Value Analysis Connecting (VAC) method is applicable for assessing the implementation of an investment project. The purpose of the VAC method is to identify the maximum output values based on analysis and connecting initial resources. Value Incremental Comprehension (VIC) nomograph is applicable for assessing socio-economic effects of an investment project, with focus on the impact and sustainability of the project.This book is very useful for wide target groups who are stakeholders involved in a project, regardless of the financing mechanism chosen: private, public or public-private partnership. Stakeholders such as investors, financial institutions, policy makers... will carry out the assessment on the basis of these two methods to have a thorough view of the input and output values, costs and benefits, efficient investment time, thereby making their appropriate policy decisions. With specific evidence and illustrations on road traffic accidents, this book analyze in-depth on practical application of these two methods.
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