Computer aided venture projection and evaluation using process control paradigm

The paper is dealing with a new approach and technique to project and evaluate any venture by computer aided technology concept. The groundwork consist in the use of process control paradigm that enables a consistent and rigorous view of the problem. An application to assessment of a business venture is concisely described. The term “venture projection” represents ability to display given venture from entrepreneur’s point of view (in constructive, object and process-oriented way) into financial reports and indicators over time. The required reports and indicators are mainly income statement, balance sheet, cash flow statement, financial ratios, funding structure of investors, and investment indicators such as PBP, NPV, IRR, ROR, EPS, B/C, PI and more can be defined. Eventually it enables the user to carry out financial, investment, sensitivity, risk, scenario and what-if analyses according to requirements. It opens possibilities to carry out different changes to optimize given venture in terms of economic results.