A capital committee is a group who represents all facets of the company to evaluate which projects get the greenlight and which projects are tabled for later consideration or killed forever.

Discuss the following:

1. How many people should be on the committee and which functional areas should be represented?Are all votes equal or do some votes count more than others?
2. What financial and non-financial factors should influence the committee members?
3. How do you prevent bias toward projects which the CEO champions, but really suck?
4. If you have a "bet the whole company" project, how would a SWOT analysis provide you a framework to build your evaluation on?
5. Other thoughts?