Project Details: 1. Project is by a group of 3 2. Project can be an existing or hypothetical case Focus on engineering such as manufacturing, aviation, shipping, etc. 3. Shall make use of any of the methods for evaluation for its viability - PW or FW or AW or BC Ratio 4. Shall compute for: a. PB (Payback Period) b. IRR (Internal Rate of Return) c. PI (Profitability Index) d. Break-even value (if applicable) 5. Show computation of Depreciation - any method will do such as SL, SF, DB, or Service Output if applicable 6. 3 weeks to prepare 7. Presentation: APRIL 10-14, 2022; 15 mins per group 8. Include all your assumptions and references used ---> 20% plagiarism check Rubric: Question 1: 25 marks: choosing the hypothetical or existing correctly, 10-19: Partially correct (Deduction Method Applies) 0-9: incorrect (Deduction Method Applies) Question 2:25 marks: applying evaluation method 10-19 marks: Partially correct program and method (Deduction Method Applies) 0-9 Marks: Incorrect program and method (Deduction Method Applies) Question3: 25 marks: computing using any for PB, IRR PI, break even value (Deduction Method Applies) 10-19 marks: Partially correct simulation (Deduction Method Applies) 0-9 marks: Incorrect simulation (Deduction Method Applies) Question 4:25 marks: Correct explanation of output in viva answer and presentation 10-19 marks: Partially correct explanation of output in viva answer and output partially verified (Deduction Method Applies) 0-9 Marks: Incorrect explanation of output incorrect viva answer and output not verified (Deduction Method Applies)