How is risk incorporated into the capital budgeting


How is risk incorporated into the capital budgeting process?

For example, You are a construction project manager looking at two projects : 1. An apartment building, three stories high, 30 units with 2 bed rooms. OR 2. Replace an old concrete bridge on a two lane road. Please name a few things regarding each type project that you might include in a risk analysis. How would you quantify these risks?

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Business Management: How is risk incorporated into the capital budgeting
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