Project managers are often called upon to be active participants in evaluation of benefit-to- cost analysis in order to select a project. A well-known organization, C&C developers

proposed a construction project of a bridge with an initial investment of RM10,000. The project will take 5 years to be completed. The expected cash inflow for year 1 would be RM2,000, and RM3,000 for the other consequent years. For the final year, the expected cash inflows were predicted to be back to RM2,000. In your opinion, which approach would you recommend in order to determine the value of this project if 10% of discount rate is being used for the present value? What do you comment about the selection of this project?