Focussed growth : the development of a system to rank and prioritise new capital projects of mining companies

摘要: With limited financial and management resources companies cannot afford to spend on every growth opportunity that presents itself, must therefore continuously rank potential opportunities in order focus its efforts the most valuable opportunities. The aim of this study is develop a system prioritise new capital projects mining companies, specifically Exxaro, which will allow company literature firstly examines use portfolio management, particularly CFA Investment Management Process for ranking investment Secondly, various methodologies utilised R&D are investigated, providing guideline terminology steps be used project system. development cycle also investigated understand impact different stages development. Lastly, utilisation merits measures multicriteria decision analysis techniques examined. emphasised following principles: Portfolio very structured formalised process matching investments with strategic objectives an individual or company. nature ensures there clear direction rigorous criteria making regarding investments, turn spent only robust systems Research Development should contain multiple perspectives comprehensively evaluate all aspects opportunities, but these not duplicate overlap terms measuring certain aspect opportunity. When front end loading applied process, sufficient information compare cycle. form important part measure project. While pros cons criteria, acknowledge shortcomings each