The Definitive Guide to Business Finance: What smart managers do with the numbers, Second Edition

Ten hard questions to ask or be asked

1	Have we really used the correct metric to measure the expected return on this project (e.g. ROI, IRR, etc.)?
2	How do we rank the importance of the outcomes (cost, features, timescale, etc.)?
3	The calculations are impressive, but are the underlying assumptions correct?
4	How did we choose the hurdle rate? Is it correct?
5	Do we really understand the range of possible returns? Accurately?
6	Have we considered all the risks? How have we covered them?
7	How did we arrive at the expected completion times? Are the ranges realistic?
8	Do we have the best metrics (quantity and quality) with which to measure progress?
9	What safeguards do we have to prevent feature creep (i.e. increases in the scope of the project)?
10	Who are our ...