NPV is explained by "This evaluation is based on many assumptions, such as risk, which can affect how accurate it is," . All tools for evaluating investments are based on cash flow projections, and projections are always a little bit subjective.

How accurate are the forecasts, and what strategies can be used to make sure decisions are made based on accurate information?

Note:

Please use academic literature ONLY not personal knowledge

Please cite the literature used clearly next to the the sentence/ paragraph you are referring to

Please reference ALL literature clearly with links at the end so I may access and read this in further detail.