Internal rate of return

Mutengo wekudzokera kweRRR chimwe chezvakakosha zvekutsvaga kwekutsvaga kwekutsvaga kwebhizimisi rebhizimisi. Pachiratidzo ichi chengetedza kuongorora kwebhizimusi chero ripi zvaro. Iko inowanikwa mukati mekubatsira mune zvemari yehupfumi ihwo hukuru hwakadai hwechikwereti pasi pemamiriro ezvinhu ayo mari inotarisirwa ichaenzaniswa nemari yakashandiswa. Mune mamwe mazwi, ichi ndicho chiyero chekugadzirisa, icho chakaenzana nemari yezero yeprojekti. Ichi chiratidzo chinokubvumira kuti uverenge muwandu wezvakanyanya kufarira iyo mari inotengeswa muprojekti inogona kudzorerwa.

Iko mukati yekudzoka kunogadziriswa nenzira dzepurogiramu dzakakonzerwa nepakombiyuta kana mari yekuverenga mari.

Uyewo, ichi chikamu chinogona kuverengerwa kuongororwa, kushandiswa kwehutano hwakasiyana-siyana muhutano. Nokuda kwezvinangwa izvi zvakanaka kushandisa shanduro "Parameter Selection", iyo yakavakwa mu Microsoft Excel.

Kana chiratidzo chemukati chekudzoka kweprojekti chinodarika uwandu hwemari inorongwa kana kuti inenge yakaenzana nayo, ipapo chirongwa ichocho chinogamuchirwa uye chinoonekwa sechivimbiso. Uye apo IRR isingapfuuri mari inotengeswa, basa racho rinorambwa nekuda kwekurasikirwa.

Nokudaro, tinogona kufunga nezvemukati wekudzoka sechirongwa chezvikwereti zvinokuvadza kana izvo zvisingabatsiri.

Zvisinei, mutemo uyu unoshanda chete pamutengo unogara uchidzoka. Kune mapurojekiti anotanga kukonzera kurasikirwa. Asi zvino, mushure mechinguva, vanobuda vachizvigutsikana uye vanotanga kuita purogiramu yekusingaperi. Muchiitiko ichi, iwe unofanirwa kuve nemoyo murefu kuti uwane chibereko chakanaka kubva pakugadzirisa mari.

Mukuwedzera, kune mapurogiramu anosanganisira kusaenzana kwemari yemari munguva yakaenzana yenguva. Muchiitiko ichi, IRR inotsungirirwa empirically, nokuti unoda kuwana purogiramu inotungamirira kune zero ikozvino kukosha. Izvi zvinoreva kuti, hapana kukura mune kukosha kwebhizimisi, asi mutengo wayo hauna kuparara kana.

Mutengo wepakati wekudzoka sechirwere chezvemari kune zvakanakira uye zvisina kunaka. Kubatsira kweRR ndechokuti, kunze kwekuverenga huwandu hwekubatsira, inokubvumira kuenzanisa mapurogiramu ehutano hwakasiyana uye yakaenzana. Paunenge uchienzanisa, shandisa zviyero zvitsva:

- chiyero chekuisa njodzi;

- nguva yekushandiswa kweprojekiti ;

- mari yacho inotengeswa.

Zvisinei, IRR chiratidzo chinowedzerawo matambudziko matatu.

Chokutanga, mumubhadharo inofungidzirwa kuti mukana wekuti mari inofambisa inowedzerwa yakaenzana nehumukati hwekudzokera. Muchiitiko apo IRR chiratidzo chinosvika kudivi rekudzorerwa kwebhizinesi, izvi hazvitungamiri kumatambudziko. Somuenzaniso, IRR chiratidzo chechirongwa chebhizimisi chinokwezva chakaenzana ne70%. Izvi zvinofunga kuti zvose zvinowanikwa kubva purojekiti zvichadzoserwa pamwero we 70%. Zvisinei, mukana wekuti firimu ine mikana yemari yegore negore iyo inopa kubhadhara pane imwe nzvimbo yakatarwa iduku zvikuru. Mumamiriro ezvinhu akadaro, mukati yekudzoka kweprojekti inopfuurira mugumisiro wekutsvaga mari. Kugadzirisa kukanganisa uku, chiratidzo cheMIRR chechirongwa chinogona kuverengwa zvakare.

Chechipiri chirevo ndeyekuoma mukugadzirisa kuwanda kwemari yekutsvaga mari zvakakwana (madhora, rubles).

Chechitatu, kana chirongwa chebhizimusi chinosanganisira kushandura kushandiswa kwemari, saka kune mikana yakakura yekuverenga yeHRR isina kukodzera.

Izvo zvinofanira kurangarirwa kuti kana iri kushandisa IRR, chete iyo mapurisa ekutsvaga inoongororwa ane mari inosvitsa mari, kureva, kuyerwa kwemari kune mari inodarika 1. Kukosha kwe IRR kunofanira kuenzaniswa neinharaunda yekuda, uye apo kururamisa IRR, kuchinjwa kwemitero, kutengesa kwenyika uye ngozi Project.