Course: Project Management. Textbook Project Management: A Systems Approach to Planning, Scheduling, and Controlling – 12th Ed. Publisher: John...

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Accounting

Course: Project Management.
Textbook
Project Management: A Systems Approach to Planning, Scheduling,and Controlling – 12th Ed.
Publisher: John Wiley & Sons; ISBN: 9781119165354.
2) As a project manager, you have the responsibility ofselecting a viable project for the company out of many suggestionsfrom multiple sources. Financially, what tools are available to youto select a specific project? (Discussion should include paybackand rate-of-return calculations, at a minimum)

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The Project manager has the overall responsibilty for selecting implementing a project He evaluates different alternatives and choose the viable one To determine whether a project is viable or not the project manager need to evaluate the following tools and understand each one of them 1 Economic Value Added This metric is a performance metric that calculates the creation of wealth to the company while also defining the return of the capital ie net profit after deduction of capital expenditure and taxes This implies that the project See Answer

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Course: Project Management.TextbookProject Management: A Systems Approach to Planning, Scheduling,and Controlling – 12th Ed.Publisher: John Wiley & Sons; ISBN: 9781119165354.2) As a project manager, you have the responsibility ofselecting a viable project for the company out of many suggestionsfrom multiple sources. Financially, what tools are available to youto select a specific project? (Discussion should include paybackand rate-of-return calculations, at a minimum)