Instruction

1

Define generalized indicators of socio-economic efficiency. This group includes: integral income, payback period, profitability index. If our innovation is provided for the production of upgraded products, shall include the following indicators: indicator quality, competitive price, the volume of import-substituting production and exports.

2

It is necessary to calculate the result of the inflow of funds (profit) from implementation of the project. To profit, you must include: revenues from sales on the domestic and foreign markets, direct financing, indirect financial results, revenues from other sales.

3

Counting all the costs of the project. Calculated as the sum of the costs of production and operation of the project.

4

Take into account time factors. The funds at the time of implementation of the project have greater value than in subsequent years.

5

Taking into account related results. Implementation of the project, with equal effects with other counterparts in the market. The result includes: the difference value of the cost of production, reducing the actual damage, not the volume of manufactured products, with simple equipment.

6

To account for risk and uncertainty and a way forward in case of unfavorable outcome.

7

It should be noted that determination of the effectiveness abroad – this is a very topical field of problems. But foreign methodology has several disadvantages:

- there is not a reasonable approach to the choice of the calculation period;

- no guidance on accounting for losses with the change of the working equipment;

- modified the problem of the annual inflation.

Thus, it is better to use the methodology tested by many users.

- there is not a reasonable approach to the choice of the calculation period;

- no guidance on accounting for losses with the change of the working equipment;

- modified the problem of the annual inflation.

Thus, it is better to use the methodology tested by many users.