Q1) If the PV of the benefits for a project is $600 and the PV of the economic profit for the project is $250, then the PV of the cash outlays for the project must be:

A) the correct answer cannot be determined without knowing the net present vale for the project
B) the correct answer cannot be determined without knowing the appropriate discount rate for the project
C) the correct answer cannot be determined without knowing the intrinsic value for a share of stock for the firm
D) $350
E) $850

Q2) Review the nine traits/skills associated with being an effective project manager. Discuss in your opinion which one is the least important.

Nine traits are noted below.

1. Systems thinker.
2. Personal integrity.
3. Proactive.
4. High tolerance of stress.
5. General business perspective.
6. Good communicator.
7. Effective time management.
8. Skillful politician.
9. Optimist.