After comparing the different methods for project viability assessment, the discount payback period seems to be the most effective. This method takes into account time value and allows you to evaluate projects with different cash flows more accurately. It also takes into consideration any gains or losses the project may experience over its entire lifecycle, providing a better indicator of their long-term growth in value. Furthermore, by calculating the payback period at a discount rate it also takes into consideration any external factors such as inflation or risk which may affect a project’s success thus providing an even clearer picture when it comes to predicting future returns.
The discounted payback period gives you an indication of the rate at which your investments can return a profit, and what size those potential profits could be, assuming everything goes as planned. This data can help you identify the projects most likely to yield significant gains in long-term value and ensure resources are used appropriately to achieve maximum benefits.