QUESTION 3 (14 MARKS) Project "Many-moons"has an initial investment value of R8 436 500 on new technology, equipment, and infrastructure needed for the new logistics depot in Midrand, Gauteng. Project "Many-moons" is expected to generate cash inflows of R1 500 000; R2 200 000; R3 300 000 and R4 100 000 and R4 600 000, annually over the next five years. At the end of the fifth year, the technology and equipment will have a total salvage value and will be sold for R1 700 000. The investment has a discount rate of 7% per annum. Calculate the net present value of the project. Provide the correct formula and indicate all calculations for each year and final values. [Round all Rand values in calculations e.g. R123 456.78 becomes R123 457] QUESTION 4 (16 MARKS) You are required to assist Elvin, the new project manager, to develop a 4-stage project life cycle for a new logistics project in a vehicle rental company. To assist him clarifying the related activities, you need to establish and conclude in which stage, of the 4-stage project life cycle, each of the following activities take place. To answer the question, duplicate the table template, indicating only the numbers of the project related activities, and then answer the correct project life cycle stage name as the second column. No. Project related activities Stage name of the 4-stage project life cycle 4. 1 Elvin and his project team conduct resourcing, budgeting, and scheduling. 4.2 Elvin and his project team set project goals and specifications. 4.3 Elvin and his project team compile a log of lessons learned in the project 4.4 Elvin and his project team terminate the project by exception. 4.5 Elvin and his project team conduct a post project implementation review. 4.6 Elvin and his project team formulate the project definition. 4.7 Elvin and his project team implement the project. 4.8 Elvin and his project team establish project tasks and responsibilities. 1.9 Elvin and his project team monitor and control the project performance. 4. 10 Elvin and his project team identify project risks which should be managed