What is the term for the definitive position of an organization regarding investment or project decisions?

The term that refers to the definitive position of an organization regarding investment or project decisions is "Decision policy." This term encapsulates the formal guidelines and principles that an organization has established to direct its decision-making processes. A decision policy serves as a comprehensive statement that outlines the organization's values, priorities, and the criteria used to evaluate potential investments or projects. It ensures that decisions are made consistently and align with the organization's overall strategic goals.

While other choices like decision model, decision criteria, and decision framework are also related to decision-making, they do not fully capture the comprehensive nature of the organization's definitive position. A decision model refers to the methodologies or tools used for analyzing options, decision criteria describe the specific measures or standards used for evaluation, and a decision framework is more about the structured approach to making decisions, often involving multiple factors and analyses. Thus, decision policy is the most appropriate term to describe an organization's authoritative stance on project or investment decisions.