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Question - Joel's Shop needs to maintain 15% of its sales in net working capital. Joel's is considering a 4-year project which will increase sales from their current level of $130,000 to $150,000 the first year and to $165,000 a year for the following three years. What amount should be included in the project analysis for net working capital in year four of the project?
Overall how effective is your organization in managing projects in relation to these capabilities? What does it do well, what could be improved, and what steps could be taken to make those improvements? (Approximately 1500 words in length)
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