Leadership is not just about giving energy… it’s unleashing other people’s energy. -Paul Polman
Author: Manjunath Ingale
Payback period | Glossary
Definition :
The payback amount is that the length of your time needed to recover the value of an investment. The payback amount of a given investment or project is a crucial determinant of whether or not to undertake the position or project, as longer payback periods are generally not fascinating for investment positions. The payback amount ignores the time value of money (TVM), in contrast to different ways of capital budgeting like internet gift worth (NPV), internal rate of return (IRR), and discounted cash flow.
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Further Reading:
Lean Agile Software Development by Alan Salloway, Guy Beaver and James R. Trott.