Capital budgeting is a crucial strategic process that ensures capital is deployed to only those opportunities that have a high probability of meeting or exceeding the expectations for return. It is also a process that allows that scarce capital resources are deployed to the highest yield opportunities across the organization.

In this course, you will learn to establish a capital budgeting process from conducting due-diligence through to communicating and facilitating discussions of capital investment opportunities with decision-makers. 

We will also learn to develop assumptions, prepare the capital budgeting analysis, and quantify risk using tornado charts and Monte-Carlo simulation analysis.

We will also discuss the financing implications of capital investment opportunities by looking at lease versus buy analysis, a related but often confused part of capital budgeting.