But this is horse racing, and the criteria for projecting a Kentucky Derby winner take in more than the bottom line.
In terms of decision-making, net present value should not be the only criterion for project selection.
Profitability Criteria for Project Evaluation.
Clifford Winston, a senior fellow at the Brookings Institution, said the selection criteria for projects too often paid inadequate attention to economic impact considerations.
As part of the agreement, the governors have directed the agency board to begin two studies to try to bridge those philosophical differences and set clear criteria for projects.
An article on Monday about efforts by members of Congress to insert money for favored projects into appropriations legislation misidentified the government position once held by John Paul Woodley Jr., who discussed the criteria for projects of the Army Corps of Engineers.
The main financial institution responsible for analyzing and monitoring developments of this nature considers the following criteria for project assessment: cost, environmental licensing, compatibility, and functionality.
"Whatever gets people to look at your product, as long as you don't have to take off your top, which is usually my criteria for projects," she said, laughing heartily.
Across healthcare, two syndromes can be detrimental to project selection: "we've done that before" and "not invented here". Centers lack tested criteria for project selection and may struggle with balancing the need for social impact on the one hand good financial returns on the other.
The World Bank has helped by proposing eligibility criteria for projects financed by green bonds, deciding on a system for ring-fencing proceeds to ensure they go to the right things and sketching out what sort of reporting and compliance systems investors would need.
