COMFAR (Computer Model For Feasibility Analysis and Reporting) is valuable aid in analysis of investment project. The main module of the program accepts financial and economic data, produces financial and economic statement and graphical display and calculated measures performance. Supplementary modules assist in analytical process. Cost Benefit and value-added methods of economic analysis are included in the program, with allowance made for methods used by major international development institution.
COMFAR program is applicable for the analysis of investment in new project and expansion or rehabilitation of existing enterprises as, e.g. in the case of reprivatisation project. For joint venture, the financial perspective of each partner of class stakeholder can be developed. Analysis can be performed using variety of assumptions concerning inflation, currency revaluation and price escalation.
COMFAR is graphical user interface makes it very user-friendly and therefore, ideal even for those with no special computer knowledge, allows users greater flexibility in specifying how detailed an analysis the required, can be applied to all kind of investment project, small and medium scale business investment, analysis of large scale as well as service oriented project, distinguishes cash flow in domestic and foreign currencies, with help of sensitivity analysis it is possible to show how net cash return or the profitability of an investment alter with different value assigned to the variable needed for the calculation, offer incremental analysis in order to facilitate the calculation of the impact of project expansion or rehabilitation, and can be apply for the non industrial investment project for appraisal of investment project in other sector of the economy, such as agro industry development, mining, infrastructure, tourism, and environmental accounting project.
Project Development Process (UNIDO)