A New Cost in Measuring Investment Performance - Cost of Non – Intervention

Abstract

The purpose of this paper is to present a new type of cost that should be taken into consideration in the process of evaluation. The cost proposed improves the accuracy of the final results of this process, concerning the opportunity for implementation of the future investment project. The proposal of the cost was made based on the literature review carried out on the topic of investment project evaluation and on the authors' practical experience as a project evaluator and project manager. The paper's originality is supported by the fact that it brings in a new type of cost in measuring investment projects' performance.