The target problem reaches beyond a bad forecast or a weak contract. Capital-allocation quality can be weakened before valuation and again through implementation, verification, guarantees, and operation.
Explainers working-paper backbone
Lifecycle Capital-Allocation Loss
Loss that appears when modernization capital is directed to a weak project object or when selected value fails to survive the lifecycle chain.
SELRA asks where value is lost in the chain from object construction and comparison to verified and durable result.