TY - BOOK AU - McGrath,Robert N. TI - Capital project managementRobert N. McGrath T2 - Press portfolio and project management collection, SN - 9781949991871 AV - HD .C375 2020 PY - 2020/// CY - New York, New York (222 East 46th Street, New York, NY 10017) PB - Business Expert Press KW - Musk, Elon KW - Business planning KW - Project finance KW - Tesla automobiles KW - Tesla KW - Musk KW - Project stakeholders KW - Corporate strategy KW - Diversified portfolio KW - EVA KW - Capital budget KW - Captial structure KW - Cost of capital KW - Opportunity cost KW - WACC KW - Hurdle rate KW - CAPM KW - DCF KW - Capital rationing KW - IRR KW - NPV KW - RADR KW - APV KW - Project EVA KW - Payback KW - Relevant cash flow KW - Free cash flow KW - Electronic books N1 - Chapter 1. Corporate strategy and capital finance --; Chapter 2. Capital project budgeting and rationing --; Chapter 3. Capital project returns --; Chapter 4. Capital projects as real options N2 - This book is a companion to Volumes I and III in the series, which altogether comprise a comprehensive case study of Tesla through 2018. Volume I addresses the comprehensive challenge of managing strategy through capital project portfolios; Volume III is a complete and lengthy traditional case study. This volume presents chapters that describe the corporate strategy challenge from the economic theory called capitalism to adding real economic value based on remuneration of the cost of capital; then, explain how this is accomplished through the capital budgeting process emphasizing project hurdle rates; and then, discusses the respective contribution of free cash flow planned and managed at the capital project level. Finally, capital projects are discussed from the perspective of the financial options theory, largely as a way to manage risk and actually enhance the likelihood that a project will be approved UR - https://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0000920.html ER -