1.1. The initial session of the workshop centred on the assessment of project feasibility, with a primary emphasis on calculating the project's payback period and its net present value. During the deliberations, it was ascertained that the African Penetration Project would require an initial investment of R1 million, with a discount rate set at 12%. The projected project lifespan is anticipated to span five years, generating a consistent annual cash flow of R100,000. In light of the information above, conduct an NPV analysis to determine the profitability of the aforementioned project. (15 marks) 1.2. When carrying out the African Penetration Project, it is expected that the project's execution will follow a specific project life cycle model. Provide an illustration of the project life cycle as prescribed by Oosthuizen and Venter (2018:9). (8 marks) 1.3. The successful execution of the African Penetration Project will unavoidably demand a thorough examination of the business strategy aimed at enhancing the market presence of institutions. This will entail individuals making modifications to their daily routines. In consideration of the above statement, discuss how the role of people in business is carried out. (6 marks) 1.4. One crucial aspect for Kemang Projects and Consulting to consider in supporting Digital Solutions with their market expansion endeavour is the critical element of forming project teams. In this context, evaluate the development phases of project teams. (10 marks) 1.5. Project closure is a critical activity that Kemang Projects and Consulting would have to execute effectively and efficiently. Considering the significance of the above statement assist Digital Solutions Pty Ltd in answering the following questions: 1.5.1. Describe early project termination as one of the triggers for project closure. (1 mark) 1.5.2. Provide an analysis of the critical activities that Kemang Projects and Consulting must execute to ensure the successful closure of the current project. (10 marks)