You currently work as a financial analyst for your community. You are aware that the Profitability Index, PI, which is often called the Benefit/Cost ratio, is used by businesses and also by government agencies to analyze proposed public works projects, such as new dams, bridges, and freeways. Currently, the community is in need of a new bridge as safety concerns have been highlighted. You are currently trying to determine whether or not you support the project. What do you think of the PI versus the other methods for (a) corporate capital budgeting and (b) capital expenditures in the public sector?