Minimum acceptable rate of return | Glossary


In business and for engineering economics in both industrial engineering and civil engineering practice, the minimum acceptable rate of return, often abbreviated MARR, or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other projects. A synonym seen in many contexts is minimum attractive rate of return.

Further Reading:

Book: kanban Maturity Model by Teodora Bozheva, David J. Anderson


The Leader in You | Book Series


In today’s fast paced business world where people do not have time to communicate on a regular basis, clients are looking for something more. Dale Carnegie, in this book stresses on the point that relationship building is the cornerstone of every successful business. He suggests that businesses can no longer ignore the needs of their customers and also mentions that, ‘people will have to think quicker, work smarter and dream wilder and relate to each other in very different ways..’

Carnegie says, ‘About 15 per cent of one’s financial success is due to one’s technical knowledge and about 85 per cent is due to skill in human engineering – the personality and the ability to lead people.’

In this book he emphasizes the need for such a leader who will have to communicate and inspire others using a distinguished skill set, encouraging his people to adapt to change and move with the times and by recognizing untapped and creative talent within their workplace.

Although, Carnegie wrote this book years ago, he did leave a set of principles that are as relevant today as they were then. Some of his principles that any leader can easily apply in their daily lives are :

Consider the other persons’ perspective

Praise genuinely and open-heartedly

Tap on the power of enthusiasm

Respect others’ dignity

Keep criticism on the low

Give people a good reputation to live up to

Maintain a balance between work and fun, in life and workplace.


Pankaj Goyal

Published In:

November 20, 2018.