Describe your firm’s internal “discovery process” for new venture evaluation.

Describe your firm’s internal “discovery process” for new venture evaluation. Last week, you developed an opportunity portfolio, analyzing potential strategic ventures for your organization. In this discussion, address the organization’s discovery process when considering an approval for one of the projects mentioned in your opportunity portfolio. What data are needed to appropriately evaluate the project? What are the primary decision factors/ hurdles that determine whether or not the project gets the green light? Include three scholarly references.