Análise de viabilidade econômica e financeira de empreendimentos no setor da construção civil - estudo de caso de uma empresa de médio porte no Estado do Ceará

Abstract

The enterprises of the sector of the civil architecture are usually long-dated of maturation, that provokes the necessity to promote adjustments in the most traditional methods of the economic and financial analysis of viability of these enterprises. In the analysis of viability of enterprises, the planner must be able to offer information from simulation models on that be capable to give support to the decision of undertake. The most extensive use models are the ones that work with analysis of the potential of the enterprises in reaching the power of purchase of the investments. In this work one tries to demonstrate the viability of an enterprise, using a case study, through simulation of scenes where it is illustrated [i] the speed of the recovery of the capacity of investment from the enterprises, offered by the enterprise and [ii] the current net worth and the internal rate of return of the enterprise taking into account the arbitration of the reinvestment scenes of the return flow of the enterprise in the range of perception of the operational cycle. Thus, a research of exploratory nature was become fulfilled, in order to get elements enough to reach the established objectives. The research understood a case study of a cash flow projected for an enterprise in phase of elaboration of an average capacity company of the sector of civil architecture in the state of the Ceará. It was verified, through this cash flow, the projections of the costs and peearnings and how they had been elaborated. From these comments on one elaborated scenes of simulation of these projections. One believes that these simulations will be able to be changed into an important source of information for the enterprises of the civil architecture.