Suggested Reading on Human Immunodeficiency Virus (HIV) by Our Doctors. 1  Related Diseases & Conditions. Cellulitis Cellulitis is an acute spreading bacterial infection below the surface of the skin characterized by redness, warmth, inflammation, and pain. 2  Medications. 3  Procedures & Tests.  Pictures, Images 1  & Quizzes. Doctor's & Expert's Views.
DEFINITION of 'Capital Budgeting'. The process in which a business determines whether projects such as building a new plant or investing in a long-term venture are worth pursuing. Oftentimes, a prospective project's lifetime cash inflows and outflows are assessed in order to determine whether the returns generated meet a sufficient target benchmark.
It is from this baseline that cost estimates for each activity was determined, and it is determine budget that converts those individuals activity cost estimates into the budget itself. A budget in PMBOK is not just a sum of money. Its correct term is cost performance baseline.