5. Risk analysis in capital budgeting Aa Aa E Projects differ in risk, and risk analysis is a critical component of the capital budgeting process. Evaluating risk is an important part of the capital budgeting process. Which of the following is measured by the variability of the project's expected returns? O Market, or beta, risk Stand-alone risk O Corporate, or within-firm, risk is measured by the project's impact on uncertainty regarding the firm's future returns