Richard F. Deckro
Advanced Engineering Economics
My focus in this paper was the fact that one of the most important activities in any enterprise is that of capital resource allocation. Decision makers must have access to relevant and reliable information to select the "best" capital investment alternatives(s). However, this decisionmaking process is full of "risk" or "uncertainty" because future business, technological and political conditions can never be known with certainty.
Shlaes, Carole, "Sources or Risk in Capital Budgeting" (1992). Engineering and Technology Management Student Projects. 772.