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===Corporate finance === {{more|Corporate finance#Investment and project valuation}} In [[corporate finance]], "project" is often used to refer new [[capital budgeting|capital investments]]; <ref name="Damodaran">[[Aswath Damodaran]], [https://pages.stern.nyu.edu/~adamodar/pdfiles/acf4E/presentations/invretA.pdf "Measuring Returns on Investments"]</ref> these will span a spectrum of size and / or purpose (money making or cost saving). "Projects", then, <ref name="Damodaran"/> are usually [[Strategic planning|major strategic decisions]] (to enter new areas of business or new markets), or [[mergers and acquisitions|acquisitions of other firms]], but may include new ventures within existing businesses or markets, [[FP&A|or decisions that may change]] the way existing ventures are run.
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