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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
In the past, the Afram Foundation has awarded many grants to improve the living and medical conditions of people in war-torn and poverty-stricken countries throughout the world. In a proposal for the foundation’s board of directors to construct a new hospital and medical clinic complex in a deprived central African country, the project manager has developed some estimates. These are developed, so she states, in a manner that does not have a major negative effect on prime agricultural land or living areas for citizens.
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Award amount: |
$20 million (end of) first year, decreasing by $5 million per year for 3 |
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additional years; local government will fund during the first year only |
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Annual costs: |
$2 million per year for 10 years, as proposed |
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Benefi ts: |
Reduction of $8 million per year in health-related expenses for citizens |
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Disbenefi ts: |
$0.1 to $0.6 million per year for removal of arable land and commercial districts |
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Use the conventional and modifi ed B/C methods to determine if this grant proposal is economically justifi ed over a 10-year study period. The foundation’s discount rate is 6% per year.
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