In that role she was responsible for the Commonwealth's capital budgeting, planning and monitoring of capital projects.

Dixit & Pindyck showed the value of the method for thinking about capital budgeting.

And mere capital budgeting is not enough.

The real value of capital budgeting is to rank projects.

Dixit & Pindyck used dynamic programming for capital budgeting.

At the same time, it covers typical business-school subjects like managing cash flow, strategic planning and capital budgeting.

It comes down to capital budgeting and cash flow.

EAC is often used as a decision making tool in capital budgeting when comparing investment projects of unequal lifespans.

In capital budgeting, it is the period (usually in years) below which a project's payback period must fall in order to accept the project.

One such area is the field of investment project appraisal, or capital budgeting.