Part 1: Return on Investment 16 points You have been asked to calculate the Return on Investment (ROI) for a project whose development will be accomplished during a single calendar year with the go-live date of Jan 1st The project, to develop a new Web-based ordering and fulfillment system, has already been conceptualized, and the team has provided estimates and a partial resource plan. Labor Operating expenses in years 2 through 5 are projected to be $37,000 annually. Miscellaneous expenses in years 2 through 5 are projected to be $6,500 annually. The benefit is projected to be $260,000 the first year of operation, increasing 7% each year. Hardware cost that would be installed for development is $115,000. Youll need to complete the resource plan, the 5 year planning sheet, and calculate a 5 year ROI. Please finish filling out these tables and answer the associated questions. Development Team Quantity $/hour Hours/each resource Total Hours Total Dollars Program Director 1 130 500 Project Manager 1 115 1000 BA 1 115 800 Development Lead 1 90 1000 QA Lead 1 90 1000 Off-Shore Developers 5 45 800 Off-Shore QA 4 45 800 Total Expense Year 1 Year 2 Year 3 Year 4 Year 5 Labor Hardware Misc Benefit Year 1 Year 2 Year 3 Year 4 Year 5 Benefit Question 1 [2 points]: What is the total labor cost of development? Question 2 [2 points]: What is the total expense of this project projected to be for the first 5 year period? Question 3 [2 points]: What is the total benefit projected to be for the first year? Question 4 [2 points]: What is the total benefit projected to be for the first five years? Question 5 [2 points]: Given ROI % = ((Benefit Cost) / Cost)*100, what is the 5 year ROI for this project? Question 6 [2 points]: If the company could just put the money to cover the project expenses in the bank (instead of doing this project) it could make an investment gain of 5% (total) over this same 5 year period. Should the company invest in this project, or put the money in the bank? Why? Question 7 [4 points]: Describe in your own words BRIEFLY why APO05 and APO06 are important to project funding selection based on ROI calculation.