Question: Project Management Midterm. 18. You work for computer company, and lately many of the IT projects have experienced disappointing results. You have been put on

Project Management Midterm.
18. You work for computer company, and lately many of the IT projects have experienced disappointing results. You have been put on the steering committee to improve the selection process. The organization has decided that any new projects selected for implementation must first meet strict financial measures. Project 1 cashflows, Year 0 through Year 2:-$500,000; $700,000; $300,000. Project 2 cashflows, Year 0 through Year 2:-$30,000; $45,000; $44,000. Write all steps to calculating ROI for each project. Then let us know which project would you choose? (3 Points) Enter yourStep by Step Solution
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