Capital Investment Decision-Making comprises the processes to .

Capital Investment Decision-Making is a structured process that evaluatesinvestment options, typically considering total lifecycle cost, business value, and risk. While asset replacement may be a consequence, the broader goal is optimization of value creation through new asset deployment.

Exact Extract from IAM – Asset Management: An Anatomy (v4), Section 4.3.3 – Capital Investment Decision-Making:

“This includes identification, evaluation, and prioritization of investment options to create, upgrade or renew assets in alignment with organizational objectives.”