What are the three phases of large project management?
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Perform a financial analysis for a project. Assume that the projected costs and benefits for this project are spread over four years as follows:
Estimated costs are $300,000 in Year 1 and $ 30,000 each year in Years 2, 3, and 4.
Estimated benefits are $0 in Year 1 and $120,000 each year in Years 2, 3, and 4.
Use a 9 percent discount rate, and round the discount factors to two decimal places.
What is the discount factor in year 4? (Keep your answer in two decimal places. e.g. 0.75)
If a project has a net present value equal to zero, then:
(i) any delay in receiving the projected cash inflows will cause the project's NPV to be negative.
(ii) the discount rate exceeds the internal rate of return.
(iii) the project produces cash inflows that exceed the minimum required inflows.
(iv) the initial cost of the project exceeds the present value of the project's subsequent cash flows.
(v) the internal rate of return exceeds the discount rate.
Earlier this week, we had a group exercise where you asked questions in order to define the requirements for a charity project. Your final is based on the case and those requirements. Some of the objectives were:• Contact to the right people need help.• Plan for charity event within the budget• Prepare logistics • Organize 1-day event to attract more than 100 people.Assume that you have been hired for this project. Please answer these questions:• Based on the case and the results of the requirement gathering, list at least 10 main activities for this project in an activity precedence diagram. Make sure that your activities will meet the objectives. When you finish, you will have at least 3 paths (one critical path and at least 2 non-critical paths).• Provide an activity duration table that includes optimistic, likely, pessimistic, and estimated time (TE). Be sure to include the formula you used to calculate TE. You will have to come up with your own 'likely' duration estimate.• From that activity duration table, draw a project activity network (using AON) with task durations.• Provide the path and duration for all paths. Indicate which one is the critical path. • Add forward pass and backward pass to your activity duration table• How much slack is available in the noncritical paths?• Name at least 3 potential risks for this project. What can you do to mitigate those risks?