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Volume :32 Issue : 120 2006      Add To Cart                                                                    Download

Small and Medium Sized Enterprises and Renovating the Project Appraisal Techniques: A Case Study on Saudi Arabia

Auther : Dr. Abdul Mohsen H. Al-Arfaj - Dr. Khalid A. Al-Sahlawi

     The focus of this research is to pinpoint the important role of project appraisal technique in small and medium sized enterprises.  The subject has assumed vital importance with the increasing failure rate of this kind of enterprises that is taking place in Saudi Arabia and many other developing countries. It is with this end in view, the paper has made an attempt to review and analyze the traditional standards used in project appraisal techniques, specifically in the stage of selecting the investment opportunities, and which is needed to be avoided.  The paper has also tried to renovate new standards that can be used alternatively and apply it on small and medium sized projects. We hope that those interested in the use of project appraisal techniques find this paper a valuable contribution to their work, as the entrepreneurs and decision-makers in Saudi Arabia of project appraisal technique would also find it equally useful.

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