This thesis aims to create a tool for evaluation of suitability to invest into a preparation of a specific area for family houses construction. This investment includes costs for land buy-outs as well as costs for public and technical infrastructures. The theoretical part of this thesis begins with types and properties of investment projects, lify cycle of a project and its financial sources. Following chapter concentrates on description of multicriteria analysis that is used for decision making process of an investing company. Its advantage is that it includes into its computation also non-economic parameters. Based on this multicriteria analysis a case study for chosen areas suitable for houses was conducted. The case study shows economic efficiency evaluation of an investment into chosen areas suitable for houses and includes suggestions of other parameters that could be added into the analysis.

The diploma thesis is focused on evaluation of efficiency and risks of the investment realized by the private investor. These are the basic elements of the thesis: to define the issue of construction investments, evaluation of efficiency of construction investments and analysis and efficiency evaluation of risk of a construction investment. The outcome of the thesis is using these principles above for conducting a case study based on a real data.

The diploma thesis is focused on the analysis of economic risks of a public investment project. The theoretical part contains indicators showing the economic efficiency of the investment and risk analysis. The practical part is focused on the economic evaluation of efficiency and risk analysis of a public investment project.