Investment Decision:

Consider the following statement by a project analyst: "I analyzed my project using scenarios for the base case, best case, and worst case. I computed breakevens and conducted sensitivity and simulation analysis. I computed NPV, IRR, the profitability index, and payback. In the end, I have over a hundred different estimates and am more confused than ever. I would have been better off just sticking with my first estimate and going by my gut instinct." Critique this statement.