Methodology of Alternative Efficiency Assessment in the MATLAB Application

Abstract

The work reveals the author’s methodology for evaluating the effectiveness of investment projects of global and national economic significance level, taking into account noneconomic parameters, developed in MATLAB software. The alternative methodology is fundamentally different from the generally accepted valuation concept of valuation, which is based on the CBA method (cost-benefit analysis) and the “Cash flow” method. The basis of this methodology is taking into account noneconomic characteristics (parameters, indicators), which is particularly relevant for making an objective decision on the implementation of the estimated project of global and national economic significance level.The author’s methodology is based on the mandatory accounting of the whole complex of developed non-economic parameters (indicators). At the moment, a list of 26 parameters classified into six groups is offered. Six economic parameters are also estimated. All parameters are presented in quantitative scales of clear, fuzzy sets and in qualitative scales (points). The program script in the MATLAB environment allows us to simplify the introduction of an array of source data, an array of constraints; to unify the presentation of assessment results (comparative tables, charts) and to make calculations using the programmed method models easily. The method has the potential to be modified, improved, especially in the aspect of taking into account qualitative non-economic parameters of the assessment.