EVALUATING THE FINANCIAL AND ECONOMIC PERFORMANCE OF PROJECTS

Dania Elbashir

Abstract


The importance of assessing financial performance lies in highlighting all financial and economic criteria needed to assess the project's success or failure in achieving its objectives. The scientific goals of this paper are the scientific description and classification of liquidity problems and their impact on the financial performance of economic service entities, especially the discovery of financial and economic factors of service projects and their scientific explanation. This paper aims to evaluate the company that deals with the financing of the producers. It also reviews the financing results and, finally, gives appropriate recommendations for the control of their work. The financial performance of companies is assessed using recognized valuation tools and techniques in the field of investments, especially cash investments. Two main results were obtained in the conducted scientific research: (1) Libya has benefited significantly from the evaluation of the financial performance of projects dealing with liquidity problems and their impact on the financial performance of enterprises. (2) The percentage of total expenditures exceeded the percentage of total revenues in the years in which companies began to implement their projects, which led to losses for Libyan companies because of excessive spending and reduced revenues.

Keywords


producer financing companies, financial performance, performance assessment, economic service entities, service projects, project evaluation.

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References


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