(Please explain in detail in a paragraph) Chapter 10 explains that because of the methods of financing, the absence of tax and profit requirements, and political and social factors, the criteria used in evaluating privately financed projects frequently cannot be applied to public works. The benefit-cost ratio (B-C) has remained a popular method for evaluating the financial performance of public projects. Chapter 11 addresses sensitivity analysis among alternatives to be made or the acceptability of a project to be determined on the variations presented. Discuss and explain how variability best be considered in an engineering economic analysis (i.e., you can discuss sensitivity analysis).
(Please explain in detail in a paragraph) Chapter 10 explains that because of the methods of...
Please write the answers 8n the word document. Thanks 1. Carefully explain the various methods involved in sensitivity analysis and their importance in project appraisal. (50%) 2. NPV IRR and the ratio of discounted benefits to discounted costs are conceptually distinct criteria. Carefully explain how they can be applied to generate consistent decisions when evaluating investment projects under different scenarios. (50%) 3. Discuss the significance of stake holder participation within the context of a project's system boundary (50%) 4. Explain...