The Capital Budgeting Cycle in details
The main stages in the capital budgeting cycle can be summarized as follows:
- Forecasting investment needs.
- Identifying a project or projects to meet those needs.
- Appraising the alternatives using qualitative and quantitative methods.
- Selecting the best alternatives.
- Making the expenditure on Initial Cost of Investment.
- Monitoring the project or projects.
https://www.superbusinessmanager.com/the-capital-budgeting-cycle/