The investment submission on which the decision to proceed or not will be based should bring together

• a description of the project and its baseline
• a description of the most significant risks and how it is proposed to mitigate them
• a description of the residual risks and the effect they will have on NPV
• if there are significant alternative options. a recommendation on which should be chosen
• a recommendation on whether the project should proceed
• matters outside the scope of RAMP.

The final stage is to obtain formal approval from the client and any other key stakeholders for proceeding with the project. The decision-makers will take account of both the arithmetical results obtained and a range of intangible factors.