Question: QUESTION 3 ( 2 0 Marks ) Lisa, a senior project manager at BuildTech Construction, has been tasked with selecting one of two highvalue projects

QUESTION 3(20 Marks) Lisa, a senior project manager at BuildTech Construction, has been tasked with selecting one of two highvalue projects for execution. Due to limited resources, the company can only commit to one project at this time. Lisa must carefully evaluate both options based on cost and expected returns. Lisa is currently considering two mutually exclusive projects with equal useful lives. System SEN will meet all the organisations requirements, and system CAM, which costs more to implement, will have greater earnings potential because of its features. The table below gives the financial figures for each investment project. The cost of capital is 15%. System SEN System CAM Initial Investment R55000 R70000 Project useful life 5 years 5 years Project cash inflows Year R R 1110001800022000022500322000240004220002450051900026000 Which of these projects should be selected based on the Payback Period and Net Present Value (NPV) methods? Support your analysis with appropriate calculations. QUESTION 4(20 Marks) Elite Builders, a mid-sized construction company, was awarded

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