Reference no: EM132162472
Discussion - Managing the Team PMIF
Directing project work includes utilizing the project tools created, such as the project charter and the project management plan. This is accomplished by actually having the team perform the activities defined in each of these documents.
The plans are created. Now what?
What will motivate the team to complete the work, and what is the project manager's role in managing the work of the team? How can you manage without micro-managing?
Discussion : Which Project is Best?
Please respond to the following discussion topic. Your initial post should be a minimum of 150 words in length. Then, make at least two thoughtful responses to your fellow students' posts.
Assume ABC Company has chosen to invest in new manufacturing equipment. The initial cost of the equipment is $1,200,000. The equipment has a useful life of 20 years. The company uses straight-line depreciation. Their tax rate is 30%. Their weighted average cost of capital is 10%.
The new equipment is expected to increase net cash flows by $500,000 in year 1, $350,000 in years 2 through 4, and $100,000 in years 5 through 10. Using all four investment assessment methods (IRR, ARR, NPV, or payback), perform the calculations for this project.
Based on just ONE of your calculations should the project be accepted or rejected?
Critique the results of the other three calculations you completed. Do they all support your accept/reject decision? Which assessment method is the best?