I have been sharing this various finance professors and professionals. So trying to protect IP rights. Executive summary: Annual Rate of Value (ARV), the proposed metric , allows for projects of all shapes and sizes to be compared and ranked because it accounts for both “project size” and “project duration” but most importantly does not account for these two factors independently but instead as inseparably linked factors by way of a composite metric*. ARV is value per dollar-year (for the lack of a better term) with NPV as the numerator. ARV = NPV ÷ [(PV 0 × 0) + (PV 1 × 1) + (PV 2 × 2) + … + (PV n × n)] NPV is the ultimate measure of value, but it is an absolute measure not suitable for ranking. PI and EAB only consider one of “project size” and “project duration” and hence are inadequate. IRR is indeed suitable for ranking and factors in both size and duration of projects but suffers from well-known inherent f...