Economic Evaluation And Risk Analyzing Of The Investment On BLY

Since the reform and opening-up of our country, tourism development has experienced high-speed development and has been the pillar industry of our national economy .It has also given impetus to our national economy and resulted in the continuous and high speed development. tourism development is charactcrized by capital intensity, high risk and high return .Economic evaluation and risk analyzing have critic impact on the tourism development success of tourism development project development. Of course, there are some tourism development agents who have applied economic evaluation but lack the knowledge of project risk in scenic spot development. This has led to a large number of idle scenic and idle-lying funds and finally, tourism development investment can't bring expected profits. I have greatly interested in the tourism development project. From the beginning of BLY architecture programming , I have been a member in the planning team, mainly in charge of the economic evaluation and risk analyzing about the project.At first,This text introduces project economic and risk ananlysis theory and it's uses in holiday project management. The paper has calculated relevant financial indicates. The before tax IRR is 21%, which is higher than the standard rate 15%. The capital outlay can be recouped in 3.52 years, which proves a good financial results. So, the project is feasible in finance. Combining the project risk management theories and the situations, the paper thoroughly analyzed BLY program for its market risk, finance risk and operating management risk. According to the analysis, the paper put forward control and prevention measures to deal with the risks that BLY program may face which include risk management planning,risk identification,qualitative risk analysis,risk response planning,risk monitoring and controlling..Under the project risk management theory, the paper systematically and thoroughly analyzed the BLY program risks that may have. After the economic evaluation and risk analyses about BLY, the paper gave some basic measures which can be useful in risk control and prevention in tourism development. This is the innovation of the paper, and I think it's helpful for the agents to foster an idea of investment risk. Also ,the basic measures may help them to apply relevant theories and methods to the investment risk analyses to find ways which can minimize the risk and result in the expected investment return.