As a project manager, you are asked to either build a new plant or upgrade the existing plant. The cost for building a new plant is $12000 and the cost to upgrade the existing plan is $5000 Below you can see the details for each option, considering the initial cost and involved risks and by using the below method, decide which option you choose? and why? New plant: If demand for its products is strong, by 65% chance, the benefit will be $20,000 and if there is a weak demand with a 35% probability, the benefit will be $9000. Upgrade the plant: If demand for its products is strong, by 65% chance, the benefit will be?