AbstractEconomic and technological evaluation of processes.The process engineer is finding it increasingly important to evaluate a given process from the economic and technological standpoint, when developing a process or realizing an investment project. In order to demonstrate the possibility of a structured and systematic mode of procedure, a brief account is given of the available tools. Profitability can be evaluated on the basis of the accounting rate of return (ROI), the internal rate of return (dcf yield), and the ratio of equity, all measures that can be derived from an assessment of costs and economics. To take into account the uncertainty of the boundary conditions assumed, such as raw materials costs, selling prices, and plant utilization, it is advisable to carry out a risk and sensitivity analysis. Examples are given that demonstrate the possibility of both calculating and reducing the economic and technological risks.