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Hi, I need help with essay on Project managment. Paper must be at least 250 words. Please, no plagiarized work!Therefore, using costs I will select the project on renewable energy research since it me
Hi, I need help with essay on Project managment. Paper must be at least 250 words. Please, no plagiarized work!
Therefore, using costs I will select the project on renewable energy research since it meets this requirement.
Payback period- a smaller payback period is recommended since it shows that the company is able to recover its costs of investment in a short period. It shows that the project is generating high income. Therefore, the second and third projects will be selected since they have lower payback period (Kinney & Raiborn 2008)
In conclusion, from the following analysis it is evident that project three is most favourable. it has achieved the recommended initial investment requirement, has a high ROI and its payback period is also low. I would therefore select it for
