The CAPBUDX.xls Model Capital Budgeting View the model Download the model This is a capital budgeting project selection model. Use this model to maximize the net present value of projects selected, subject to budget constraints in the first two years, a risk constraint, and interaction constraints among projects of a logical nature. Objective of Optimization: The objective is to minimize the Net Present Value. Keywords: Financial | Forecasting | Home Mortgage | Present Value | Accounting | Banking