Financial Modeling for Projects and Financial Value Estimation Based on Cash Flow Forecasting
Nijat Aliyev 
Abstract. In modern economic conditions, the correct financial assessment of projects plays an important role in making strategic decisions of enterprises. The construction of a financial model for projects is of particular importance in terms of substantiating investment decisions, identifying risks and predicting future financial results. This article examines the principles of forming a financial model of projects, methods of forecasting cash flows and issues of assessing financial value based on these indicators. The research touches upon issues such as structuring income and expenses, applying the discounted cash flow method, measuring the effectiveness of investment projects and analyzing financial stability. At the same time, the influence of risk factors in calculating the future value of projects and the role of forecast results in the decision-making process are explained.
Changes in market prices, rising inflation rates, exchange rate fluctuations and economic crises are factors that directly affect the financial results of projects. For this reason, alternative scenarios are developed in the financial model and the sustainability of the project is checked under different economic conditions. Preliminary risk assessment helps enterprises make more flexible management decisions.
Keywords: financial model, cash flows, project evaluation, discounted cash flows, investment efficiency