Reference no: EM133068561

READ THE SCENARIO AND ANSWER THE QUESTIONS THAT FOLLOW:

Ria Franklin is responsible for chemical engineering at the Ministry of Mining. Her CEO has tasked her with a new chemical engineering project called Xena.

(1) Given the nature of Ria's Project, draw Project Xena's Life Cycle.

(2) List one (1) Project Management Software that may be utilized to help in the case above?

(3) Explain three (3) types of organizational structures that are involved in project management.

(4) You are a project manager in a large organization that uses a matrix structure. You have been asked to investigate what organizational structure your competitors use and how this affects their ability to manage projects successfully. How would You describe the main difference between a matrix organization and a functional organization?

(5) Compute the Net Present Value for the following projects and advise your superiors which project should be selected of the two and the reason for the selection. (6+2 marks) CLO 2

Project A requires an initial investment of $225,000 and is expected to generate the following net cash inflow $95,000, $80,000, $60, 000, $55,000 each year for four (4 years) respectively. With a discount rate of 12%.

Project B requires an initial investment of $400,000 and is expected to generate the following net cash inflow $70,000, $120,000, $140, 000, $166,000 each year for four (4 years) respectively. With a discount rate of 8%.