This paper aims to present a systematic for the analysis of the economic viability of investment projects (SAEVIP) in fixed assets. In the literature, it is possible to identify the fundamental elements to evaluate the merit of the investment project (IP). To assess the dimension 'return', indicators are analysed: net present value (NPV), NPV annualised (NPVA), index benefit/cost (IBC), return on investment annualised (ROIA), index ROIA/minimum rate of attractiveness (MRA) and return on investment (ROI). An indicator analysis for dimension 'risk' is performed by internal rate of return (IRR), Payback, index MRA/IRR, index Payback/N and Fisher point. In addition, a joint assessment of indicator of risk and return is performed. A sensitivity study is promoted on the main variables involved in economic performance of the IP (MRA, costs and revenues). To validate the SAEVIP proposal, a case study shows the wealth of information generated by the application of this systematic.Keywords: decision-making; IP; investment projects; fixed assets; economic analysis; sensitivity analysis; costs and revenues; discounted cash flow; multi-index methodology; returns and risks; verticalisation of production; planning and product development.
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