Why do project owners often assume best-case scenarios when building their Capex forecasts? And why, even when results have proven to be too optimistic in the past, do they continue to have biased forecasts? 

The answers to questions like these lie in an emerging discipline called corporate behavioral finance. If you have a meaningful Capex budget, it’s something you definitely should learn more about.

Watch this if you want your capital to be on its best behavior!