Although it is extremely difficult to make accurate forecasts of the revenues that a project will generate,the project's initial outlays and subsequent costs for large projects can be forecasted with great accuracy.

Initial Outlays

The initial investments required to start a project or purchase an asset, often including costs such as capital expenditure and working capital.

Revenue Forecasts

Predictions about the amount of money a company is expected to generate in future periods through sales or other income.

Large Projects

Significant endeavors undertaken by businesses or governments, characterized by large investment, significant complexities, and long durations, often involving infrastructure or technology.