Corporate investment decisions are related to the investment of a company's resources in capital projects. Optimal investment decisions guarantee the successful development of the company. The unique feature of these decisions is their ability to increase the company's wealth if they select the best investment opportunities. The main objective of economic agents to provide their capital to a particular company is related to their decision that this particular investment will provide higher returns than alternative investments of their capital. An optimal investment decision is essential when financial resources are limited. Obtaining additional capital is associated with higher financial costs which limit the scope of investment opportunities. The importance of investment decisions is emphasized by the fact that the large amount of investment costs required makes them a very responsible and difficult task. The decision to build certain production facilities is irreversible and any failure would be costly. Capital budgeting can be defined as the process of generating investment projects, their evaluation and risk assessment, and selecting the best projects in terms of the maximization of the company's value. A capital budgeting process includes both financial and technological planning. Any investment project that does not meet either the technological or the financial requirements cannot be accepted. Capital budgeting challenges are associated with the need to take into account several factors that affect the process.