期刊名称：Annals of the University of Craiova: Economic Sciences Series
印刷版ISSN：1223-365X
电子版ISSN：1843-3723
出版年度：2009
卷号：1
页码：1-6
语种：English
出版社：Universitaria Craiova
摘要：Fundamentally,a reengineering project should have,as its common objective,the delivery of a fully functional business/customer service.The reengineering project should be complementary to and supportive of business processes within the enterprise.The paper presents an overview of economic feasibility of reengineering projects.Therefore various financial and accounting justification techniques such as payback period (PP),return on investment (ROI),net present value (NPV),and internal rate of return (IRR) are frequently used by managers in order to assess the economic aspects of the project.Furthermore,these methods could be misleading when employing too short payback periods or too high discount rates,neglecting various benefits of the reengineering projects or being unable to quantify them properly in financial terms.
