Your division at NetIt, a large networking company, has put together a project proposal to develop a new home networking router. The expected NPV of the project is $17.7 million, and the project will require 50 software engineers. NetIt has 190 engineers available, and is unable to hire additional qualified engineers in the short run. Therefore, the router project must compete with the following other projects for these engineers:

How should NetIt prioritize these projects?

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Project Router Project A Project B Project C Project D Project E Project F Total NPV ($ millions) 17.7 22.7 8.1 14.0 11.5 20.6 12.9 107.5 Engineering Headcount (EHC) 50 47 44 40 61 58 32 332