Practical problems faced by finance managers in capital budgeting:
Lack of information on viable investment opportunities.
Lack of adequate capital to undertake all viable independent projects.
Uncertainty of future cash flows or benefits including methods of assessing risk of a project.
The appropriate project appraisal technique to use
Effects of inflation, changes in cost of capital and their qualitative information.
What practical problems are faced by finance managers in capital budgeting decisions?
