What role does the human element play in the capital budgeting decision process? Could it cause a

Question:

What role does the human element play in the decision process? Could it cause a negative NPV project to be accepted?
Capital Budgeting
Capital budgeting is a practice or method of analyzing investment decisions in capital expenditure, which is incurred at a point of time but benefits are yielded in future usually after one year or more, and incurred to obtain or improve the...