Section B - Short Answer questions 1. \Draw a stakeholder matrix and insert 4 of the most important stakeholders in your project into the matrix. 2. A project team member said to you: "You know, the longer this project goes on the more important it is that we minimise communications with stakeholders." Provide one reason to agree with the team member and one reason to disagree, and state whether you mostly agree or disagree. 3. What are the 3 factors, commonly referred to as the "3 constraints", that you will pay most attention to in your attempt to complete the project successfully. 4. You expect the project to bring in returns of approximately $90,000 per year over the next 5 years. Buying the retailer and setting up the store is expected to cost $300,000. Inflation is running at 10%. Assume the $90,000 return all arrives at the end of each year. With that in mind: a. Create formulas that determine the value of the project in today's terms (that is, in "real terms") and the Payback Period of the project. Paste 2 screenshots into this sheet - one containing the calculations you performed, and another that reveals the formulas used in those calculations. Note: to get Excel to display the formulas within cells, press the "Show Formulas" button under the "Formulas" menu: Formulas Developer Foxit Reader PDF Acrobat Search Define Name B, Trace Precedents Vishow Formulas Data Review View b. Your boss doesn't like to look more than 5 years ahead and wants to know if this project is expected to return a profit in that time. Explain to your boss the reason why you would do an NPV and Payback Period calculation to reveal that profitability c. You tell your boss that the NPV of this project is $ $41,171. Your boss has another option in mind - a bond investment. At the end of the 4th year, that investment's NPV would be $30,000, and at the end of the 5th year it would be and $35,000. Which be and $35.000, Whichows project is the most attractive