Problem:
As the project manager, explain how the Time Value of Money will impact a home building project. Demonstrate by example of a home building project why it is important for companies to consider Time Value of Money when selecting projects to undertake.
- How can delaying a project task decision affect the Time Value of Money in a positive way?
- In a negative way?
Include an appendix for projection of costs to the home building project for in excess of one (1) year and a spreadsheet that illustrates the interpretation of the results and identifies at what point in the home building project decisions will effect on the cost of money.