1. A. You have been asked to calculate the NPV for a project based on the following details: 

The total money invested in the development of the project is 27 million dollars. The hurdle rate for the project is 13.5%. The project will generate the following cashflows: 

year1: 13 million, year2: 7 million, year3: 9 million and year4: 5 million [Show your calculations]

b. As a project manager do you think it makes sense to go ahead with the project? Support your answer.

c. Calculate the payback period for the project [Show your calculations].

d. Identify ONE (1) disadvantage for each of the following: NPV, Payback

2. a. Discuss five (5) Critical Success factors for a project

b. Explain in detail, two (2) challenges a Project Manager may face when working with the project team.

 3. a. Discuss the four (4) Development Stages of the project team

b. Give a detailed explanation for the steps you would take in preparing your first project meeting.