Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 51,7 Mb
Release : 2017
Category : Electronic book
ISBN : OCLC:1066663416
Engineering Investment Process
Anonim
Engineering Investment Process
Engineering Investment Process Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Engineering Investment Process book. This book definitely worth reading, it is an incredibly well-written.
Engineering Investment Process
Florian Ielpo,Chafic Merhy,Guillaume Simon
Author : Florian Ielpo,Chafic Merhy,Guillaume Simon
Publisher : Elsevier
Page : 430 pages
File Size : 44,8 Mb
Release : 2017-03-22
Category : Business & Economics
ISBN : 9780081011485
Engineering Investment Process by Florian Ielpo,Chafic Merhy,Guillaume Simon Pdf
Engineering Investment Process: Making Value Creation Repeatable explores the quantitative steps of a financial investment process. The authors study how these steps are articulated in order to make any value creation, whatever the asset class, consistent and robust. The discussion includes factors, portfolio allocation, statistical and economic backtesting, but also the influence of negative rates, dynamical trading, state-space models, stylized facts, liquidity issues, or data biases. Besides the quantitative concepts detailed here, the reader will find useful references to other works to develop an in-depth understanding of an investment process. Blends academic research with practical experience from quants, fund managers, and economists Puts financial mathematics and econometrics in their rightful place Presents useful information that will increase the reader's understanding of markets Clearly provides both the global framework, the investment process, and the useful econometric and financial tools that help in its construction Includes efficient tools taken from up-to-date econometric and financial techniques
Quality Money Management
Andrew Kumiega,Benjamin Van Vliet
Author : Andrew Kumiega,Benjamin Van Vliet
Publisher : Academic Press
Page : 304 pages
File Size : 54,7 Mb
Release : 2011-08-29
Category : Business & Economics
ISBN : 0080559913
Quality Money Management by Andrew Kumiega,Benjamin Van Vliet Pdf
The financial markets industry is at the same crossroads as the automotive industry in the late 1970s. Margins are collapsing and customization is rapidly increasing. The automotive industry turned to quality and its no coincidence that in the money management industry many of the spectacular failures have been due largely to problems in quality control. The financial industry in on the verge of a quality revolution. New and old firms alike are creating new investment vehicles and new strategies that are radically changing the nature of the industry. To compete, mutual funds, hedge fund industries, banks and proprietary trading firms are being forced to quicklyy research, test and implement trade selection and execution systems. And, just as in the early stages of factory automation, quality suffers and leads to defects. Many financial firms fall short of quality, lacking processes and methodologies for proper development and evaluation of trading and investment systems. Authors Kumiega and Van Vliet present a new step-by-step methodology for such development. Their methodology (called K|V) has been presented in numerous journal articles and at academic and industry conferences and is rapidly being accepted as the preferred business process for the institutional trading and hedge fund industries for development, presentation, and evaluation of trading and investment systems. The K|V model for trading system development combines new product development, project management and software development methodologies into one robust system. After four stages, the methodology requires repeating the entire waterfall for continuous improvement. The discussion quality and its applications to the front office is presented using lessons learned by the authors after using the methodology in the real world. As a result, it is flexible and modifiable to fit various projects in finance in different types of firms. Their methodology works equally well for short-term trading systems, longer-term portfolio management or mutual fund style investment strategies as well as more sophisticated ones employing derivative instruments in hedge funds. Additionally, readers will be able to quickly modify the standard K|V methodology to meet their unique needs and to quickly build other quantitatively drive applications for finance. At the beginning and the end of Quality Money Management the authors pose a key question: Are you willing to change and embrace quality for the 21st century or are willing to accept extinction? The real gem in this book is that the concepts give the reader a road map to avoid extinction. Presents a robust process engineering framework for developing and evaluating trading and investment systems Best practices along the step-by-step process will mitigate project risk, model risk, and ensure data quality Includes a quality model for backtesting and managing market risk of working systems
The Selection Process for Capital Projects
Hans J. Lang,Donald N. Merino
Author : Hans J. Lang,Donald N. Merino
Publisher : John Wiley & Sons
Page : 728 pages
File Size : 53,8 Mb
Release : 1993-09-16
Category : Business & Economics
ISBN : 0471634255
The Selection Process for Capital Projects by Hans J. Lang,Donald N. Merino Pdf
Reviews basic principles and presents techniques for evaluating and making decisions about investments and the acquisition of capital projects in industry and the private sector. Provides management and control techniques for construction of facilities or installation and operation of machinery and equipment. Covers sensitivity analysis and methods for ranking projects. Discusses the limitations of various methods. Explains how to carry out economic studies for the proper allocation of capital spending.
Process Engineering Economics
James Riley Couper
Author : James Riley Couper
Publisher : CRC Press
Page : 442 pages
File Size : 44,8 Mb
Release : 2003-08-26
Category : Science
ISBN : 0203911393
Process Engineering Economics by James Riley Couper Pdf
This reference outlines the fundamental concepts and strategies for economic assessments for informed management decisions in industry. The book illustrates how to prepare capital cost and operating expense estimates, profitability analyses, and feasibility studies, and how to execute sensitivity and uncertainty assessments. From financial reports to opportunity costs and engineering trade-offs, Process Engineering Economics considers a wide range of alternatives for profitable investing and for projecting outcomes in various chemical and engineering fields. It also explains how to monitor costs, finances, and economic limitations at every stage of chemical project design, preparation, and evaluation.
Electre and Decision Support
Martin Gerard Rogers,Michael Bruen,Lucien-Yves Maystre
Author : Martin Gerard Rogers,Michael Bruen,Lucien-Yves Maystre
Publisher : Springer Science & Business Media
Page : 214 pages
File Size : 42,9 Mb
Release : 2013-03-14
Category : Technology & Engineering
ISBN : 9781475750577
Electre and Decision Support by Martin Gerard Rogers,Michael Bruen,Lucien-Yves Maystre Pdf
ELECTRE and Decision Support focuses on the areas of engineering and infrastructure investment. It begins with some general comments about the different decision components within the project planning process - the definition of objectives, the identification of alternative courses of action, the establishing of criteria, the evaluation of alternatives and the final recommendation. The authors highlight the ability of Multicriteria Decision Aid to reconcile the economic, technical and environmental dimensions of the projects for its planners. They emphasize the complexity of this process, illustrating the importance of identifying the stakeholders within it, as they greatly influence the definition of the decision criteria. A brief case study illustrates these different aspects. Following a comparison of Cost Benefit Analysis and Multicriteria Decision Aid, the introductory chapter sets out the structure of the book, with four subsequent chapters devoted to the methodology of ELECTRE and three outlining case studies involving different versions of ELECTRE. The chapters concentrating on the ELECTRE methodology first give an overview of the main MCDA methods before presenting the ELECTRE method in detail. Each chapter answers the following questions: (1) In what context should the ELECTRE methods be chosen? (2) Which version of the methods is most appropriate to apply to a given problem? Another chapter deals with a critical and delicate problem within MCDA - how to adequately assess the role played by each criterion in a given decision problem, and how this translates into an appropriate weighting for it. Each one covers a different civil engineering discipline and each uses a different version of ELECTRE. The final chapter on methodology presents some accessories which, when used with ELECTRE, can greatly enhance its usefulness in practice. This book is outstanding in many respects. I am convinced that the simple, clear and concise style of the authors will make this book accessible to very many readers. No important aspect of the subject is neglected, and the concise nature of this book does not hinder its originality. Last but not least, the manner in which the case studies are described allows the authors not only to demonstrate the validity of the approach and procedures presented, but also to help the reader understand how to apply them in an effective manner. Taken from the Foreword by Bernard Roy, University Paris-Dauphine
18th European Symposium on Computer Aided Process Engineering
Bertrand Braunschweig,Xavier Joulia
Author : Bertrand Braunschweig,Xavier Joulia
Publisher : Elsevier
Page : 1233 pages
File Size : 43,6 Mb
Release : 2008-05-15
Category : Technology & Engineering
ISBN : 9780080557977
18th European Symposium on Computer Aided Process Engineering by Bertrand Braunschweig,Xavier Joulia Pdf
The 18th European Symposium on Computer Aided Process Engineering contains papers presented at the 18th European Symposium of Computer Aided Process Engineering (ESCAPE 18) held in Lyon, France, from 1-4 June 2008.The ESCAPE series brings the latest innovations and achievements by leading professionals from the industrial and academic communities. The series serves as a forum for engineers, scientists, researchers, managers and students from academia and industry to:- present new computer aided methods, algorithms, techniques related to process and product engineering,- discuss innovative concepts, new challenges, needs and trends in the area of CAPE.This research area bridges fundamental sciences (physics, chemistry, thermodynamics, applied mathematics and computer sciences) with the various aspects of process and product engineering.The special theme for ESCAPE-18 is CAPE for the Users! CAPE systems are to be put in the hands of end users who need functionality and assistance beyond the scientific and technological capacities which are at the core of the systems. The four main topics are:- off-line systems for synthesis and design,- on-line systems for control and operation,- computational and numerical solutions strategies,- integrated and multi-scale modelling and simulation,Two general topics address the impact of CAPE tools and methods on Society and Education. * CD-ROM that accompanies the book contains all research papers and contributions* International in scope with guest speeches and keynote talks from leaders in science and industry* Presents papers covering the latest research, key top areas and developments in Computer Aided Process Engineering
Investment Governance for Fiduciaries
Michael E. Drew,Adam N. Walk
Author : Michael E. Drew,Adam N. Walk
Publisher : CFA Institute Research Foundation
Page : 190 pages
File Size : 52,8 Mb
Release : 2019-04-22
Category : Business & Economics
ISBN : 9781944960704
Investment Governance for Fiduciaries by Michael E. Drew,Adam N. Walk Pdf
Governance is a word that is increasingly heard and read in modern times, be it corporate governance, global governance, or investment governance. Investment governance, the central concern of this modest volume, refers to the effective employment of resources—people, policies, processes, and systems—by an individual or governing body (the fiduciary or agent) seeking to fulfil their fiduciary duty to a principal (or beneficiary) in addressing an underlying investment challenge. Effective investment governance is an enabler of good stewardship, and for this reason it should, in our view, be of interest to all fiduciaries, no matter the size of the pool of assets or the nature of the beneficiaries. To emphasize the importance of effective investment governance and to demonstrate its flexibility across organization type, we consider our investment governance process within three contexts: defined contribution (DC) plans, defined benefit (DB) plans, and endowments and foundations (E&Fs). Since the financial crisis of 2007–2008, the financial sector’s place in the economy and its methods and ethics have (rightly, in many cases) been under scrutiny. Coupled with this theme, the task of investment governance is of increasing importance due to the sheer weight of money, the retirement savings gap, demographic trends, regulation and activism, and rising standards of behavior based on higher expectations from those fiduciaries serve. These trends are at the same time related and self-reinforcing. Having explored the why of investment governance, we dedicate the remainder of the book to the question of how to bring it to bear as an essential component of good fiduciary practice. At this point, the reader might expect investment professionals to launch into a discussion about an investment process focused on the best way to capture returns. We resist this temptation. Instead, we contend that achieving outcomes on behalf of beneficiaries is as much about managing risks as it is about capturing returns—and we mean “risks” broadly construed, not just fluctuations in asset values.
Exploring Engineering
Robert Balmer,William Keat
Author : Robert Balmer,William Keat
Publisher : Academic Press
Page : 464 pages
File Size : 41,9 Mb
Release : 2009-09-05
Category : Technology & Engineering
ISBN : 9780080884462
Exploring Engineering by Robert Balmer,William Keat Pdf
Exploring Engineering: An Introduction to Engineering and Design, Second Edition, provides an introduction to the engineering profession. It covers both classical engineering and emerging fields, such as bioengineering, nanotechnology, and mechatronics. The book is organized into two parts. Part 1 provides an overview of the engineering discipline. It begins with a discussion of what engineers do and then covers topics such as the key elements of engineering analysis; problems solving and spreadsheet analyses; and the kinds, conversion, and conservation of energy. The book also discusses key concepts drawn from the fields of chemical engineering; mechanical engineering; electrical engineering; electrochemical engineering; materials engineering; civil engineering; engineering kinematics; bioengineering; manufacturing engineering; and engineering economics. Part 2 focuses on the steps in the engineering design process. It provides content for a Design Studio, where students can design and build increasingly complex engineering system. It also presents examples of design competitions and concludes with brief remarks about the importance of design projects. Organized in two parts to cover both the concepts and practice of engineering: Part I, Minds On, introduces the fundamental physical, chemical and material bases for all engineering work while Part II, Hands On, provides opportunity to do design projects An Engineering Ethics Decision Matrix is introduced in Chapter 1 and used throughout the book to pose ethical challenges and explore ethical decision-making in an engineering context Lists of "Top Engineering Achievements" and "Top Engineering Challenges" help put the material in context and show engineering as a vibrant discipline involved in solving societal problemsNew to this edition: Additional discussions on what engineers do, and the distinctions between engineers, technicians, and managers (Chapter 1) New coverage of Renewable Energy and Environmental Engineering helps emphasize the emerging interest in Sustainable Engineering New discussions of Six Sigma in the Design section, and expanded material on writing technical reports Re-organized and updated chapters in Part I to more closely align with specific engineering disciplines new end of chapter excercises throughout the book
Advances and Trends in Structural Engineering, Mechanics and Computation
Alphose Zingoni
Author : Alphose Zingoni
Publisher : CRC Press
Page : 386 pages
File Size : 43,9 Mb
Release : 2010-08-16
Category : Technology & Engineering
ISBN : 9781000006568
Advances and Trends in Structural Engineering, Mechanics and Computation by Alphose Zingoni Pdf
Advances and Trends in Structural Engineering, Mechanics and Computation features over 300 papers classified into 21 sections, which were presented at the Fourth International Conference on Structural Engineering, Mechanics and Computation (SEMC 2010, Cape Town, South Africa, 6-8 September 2010). The SEMC conferences have been held every 3 years in
Successful Implementation of Concurrent Engineering Products and Processes
Sammy G. Shina
Author : Sammy G. Shina
Publisher : John Wiley & Sons
Page : 296 pages
File Size : 41,9 Mb
Release : 1993-12-16
Category : Technology & Engineering
ISBN : 0471285102
Successful Implementation of Concurrent Engineering Products and Processes by Sammy G. Shina Pdf
This working guide shows how to put concurrent engineering principles into action, using actual case examples from large and small companies. The case study approach is augmented with detailed advice and techniques for measuring and analyzing product and process development data. A must-have reference for every designer and firm that plans or contemplates this efficient and profitable method.
What Every Engineer Should Know about Concurrent Engineering
Thomas A. Salomone
Author : Thomas A. Salomone
Publisher : Routledge
Page : 274 pages
File Size : 53,6 Mb
Release : 2019-03-13
Category : Technology & Engineering
ISBN : 9781351404426
What Every Engineer Should Know about Concurrent Engineering by Thomas A. Salomone Pdf
This work offers a step-by-step approach to the overall concurrent engineering (CE) development process, presenting both fundamental principles and advanced concepts, while focusing on rapid product development and cost-effective designs. The book also provides an introduction to Cost Driven Design, with specific examples on how to minimize expenses by understanding the basis of product costs. The process of concurrent engineering is explained from initial planning to production start-up.
Process Engineering Economics
Herbert English Schweyer
Author : Herbert English Schweyer
Publisher : Unknown
Page : 436 pages
File Size : 41,5 Mb
Release : 1955
Category : Economics
ISBN : UOM:39015000484173
Process Engineering Economics by Herbert English Schweyer Pdf
Investment Decisions and the Logic of Valuation
Carlo Alberto Magni
Author : Carlo Alberto Magni
Publisher : Springer Nature
Page : 751 pages
File Size : 52,8 Mb
Release : 2020-02-11
Category : Business & Economics
ISBN : 9783030276621
Investment Decisions and the Logic of Valuation by Carlo Alberto Magni Pdf
This book presents a new approach to the valuation of capital asset investments and investment decision-making. Starting from simple premises and working logically through three basic elements (capital, income, and cash flow), it guides readers on an interdisciplinary journey through the subtleties of accounting and finance, explaining how to correctly measure a project’s economic profitability and efficiency, how to assess the impact of investment policy and financing policy on shareholder value creation, and how to design reliable, transparent, and logically consistent financial models. The book adopts an innovative pedagogical approach, based on a newly developed accounting-and-finance-engineering system, to help readers gain a deeper understanding of the accounting and financial magnitudes, learn about new analytical tools, and develop the necessary skills to practically implement them. This diverse approach to capital budgeting allows a sophisticated economic analysis in both absolute terms (values) and relative terms (rates of return), and is applicable to a wide range of economic entities, including real assets and financial assets, engineering designs and manufacturing schemes, corporate-financed and project-financed transactions, privately-owned projects and public investments, individual projects and firms. As such, this book is a valuable resource for a broad audience, including scholars and researchers, industry practitioners, executives, and managers, as well as students of corporate finance, managerial finance, engineering economics, financial management, management accounting, operations research, and financial mathematics. It features more than 180 guided examples, 50 charts and figures and over 160 explanatory tables that help readers grasp the new concepts and tools. Each chapter starts with an abstract and a list of the skills readers can expect to gain, and concludes with a list of key points summarizing the content.
Quantitative Equity Investing
Frank J. Fabozzi,Sergio M. Focardi,Petter N. Kolm
Author : Frank J. Fabozzi,Sergio M. Focardi,Petter N. Kolm
Publisher : John Wiley & Sons
Page : 497 pages
File Size : 45,9 Mb
Release : 2010-01-29
Category : Business & Economics
ISBN : 9780470617526
Quantitative Equity Investing by Frank J. Fabozzi,Sergio M. Focardi,Petter N. Kolm Pdf
A comprehensive look at the tools and techniques used in quantitative equity management Some books attempt to extend portfolio theory, but the real issue today relates to the practical implementation of the theory introduced by Harry Markowitz and others who followed. The purpose of this book is to close the implementation gap by presenting state-of-the art quantitative techniques and strategies for managing equity portfolios. Throughout these pages, Frank Fabozzi, Sergio Focardi, and Petter Kolm address the essential elements of this discipline, including financial model building, financial engineering, static and dynamic factor models, asset allocation, portfolio models, transaction costs, trading strategies, and much more. They also provide ample illustrations and thorough discussions of implementation issues facing those in the investment management business and include the necessary background material in probability, statistics, and econometrics to make the book self-contained. Written by a solid author team who has extensive financial experience in this area Presents state-of-the art quantitative strategies for managing equity portfolios Focuses on the implementation of quantitative equity asset management Outlines effective analysis, optimization methods, and risk models In today's financial environment, you have to have the skills to analyze, optimize and manage the risk of your quantitative equity investments. This guide offers you the best information available to achieve this goal.