For your initial post see section Project Classifications section on pg 198 of y

For your initial post see section Project Classifications section on pg 198 of your textbook that describes the different classifications that projects can fall under. This will be very open ended, but I’d like you to think about a well known company (public or private) and identify an example of a capital project that they have undertaken (ie renovated a building(s), updated equipment, acquired another company, expanded into a new market segment, etc). Then think through all of the various items that would make up their cash flow timeline, what would it look like (ie one initial capital expenditure and then income or would it take multiple years/phases to roll out). While we won’t be digging into the numbers, identify whether or not you think the company has been successful and how would they determine if the project was a success or not. For example, think about Apple releasing the iPhone 13 (and variants). How long do you suppose Apple worked on these phones in R&D and then they have to manufacture them, these would be negative cash flows over however many years/periods. Then once they begin selling them they would have continued manufacturing costs but would be generating significant revenues. We don’t want to include existing expenses/operations of the company though, only those expenses specific to this project/product. We would also want to take into account how the launch of these phones will impact other product sales, ie will it take away from other iPhone sales (yes), BUT could it sell related ancillary products such as headphones, watches, or even their newer subscriiption services.