What factors should be considered when estimating a project net investment?

When estimating a project's net investment, key factors to consider include the initial capital expenditure, which encompasses costs for equipment, facilities, and other physical assets. Additionally, operating costs, maintenance expenses, and any necessary working capital should be factored in. It's also important to account for potential tax implications and the time value of money, which may affect cash flow projections. Lastly, any potential salvage value at the end of the project's life should be considered to accurately assess the net investment.