1. Assume you are put in charge of launching a new Web site for a local nonprofit organization. What costs would you need to account for? Make a list of expected costs and benefits for the project. You don't need to list values, just sources of expense. Consider both one-time and recurring costs.

2. Consider the situation you addressed in Prob- lem and Exercise 3. Create numeric cost esti- mates for each of the costs you listed. Calculate the net present value and return on investment. Include a break-even analysis. As- sume a 10 percent discount rate and a five-year time horizon.