2011 12 25 PMP Study Notes.doc - Noaman Sayed

Jan 01, 2012 · A project with higher present value is better. The number of years is already included in the calculation of NPV. You simply pick the project with the highest NPV. Internal Rate of Return (IRR) - Refers to the rate which occurs as the present value of the cash inflows equal to that of the cash outflows (ie- NPV… ................
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