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Project A costs $90,000, will return $25,000 per year for five years.

Project B costs $80,000, will return $20,000 per year for five years.

You have an expected return of 8% and inflation to hold steady at 3% over the next five years.

Which project will you select based on NPV?

Q2 (Chapter 2, Q5): Which elements of a project charter would you use to help plan if you have a project that does not require a project charter? Why?

Q3 (Chapter 2, Q13): Develop an RFP for a real-world project such as landscaping the grounds surrounding a nearby business office, building a deck for your house, or holding a big graduation celebration. Be creative in specifying your needs. Fell free to come up with unique ideas for the RFP.

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