Financial analysis is an essential tool used in project management. a. Briefly explain the techniques of NPV, payback period and ROI. For each of them, tell how it can be used in project selection. (6) b. The following is a weighted scoring model to evaluate three procurement proposals. Calculated the weighted scores for each proposal and determine which proposal should be selected based on the weighted scores. (8) Proposal 1 Proposal 2 Proposal 3 Criteria Weight Score Score Score Weighted Score Weighted Score Weighted Score 15% 80 90 60 Management approach 15% 90 50 90 Technical approach 20% 70 95 90 Past performance Price 20% 90 80 80 30% 80 95 65 Interview results and samples Total 100%

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