Identify the stages of the capital budgeting process and outline the four main capital investment appraisal methods including the advantages and disadvantages of each method?

Your line manger has asked you to produce a report which will justify the need for a formal capital investment appraisal process identify the stages of the capital budgeting process identify the stages of the capital budgeting process and outline the four main capital investment appraisal methods including the advantages and disadvantages of each method?