Some examples of how these project evaluation principles extend to any decision are detailed below: The benefits of a project are a function of projected flows. The value of a decision, like the value of an asset, is a function of future benefits. In some cases these benefits may include values not only in the short term but also in the medium and long term; only those projects that result in net benefits are executed. Any decision applying financial rationality requires the quantification of net benefits. That is, it implies a contrast between revenues and costs, measured in terms of cash flows and comparable with risks, which are in turn measured as the minimum expected rate of return and/or the cost of capital. Good decisions, as well as profitable projects and their derived benefits, outweigh the costs and risks incurred.