Plan A

Plan B

Probability Amount Total

0.5
1
0.5
0.3
1.5
0.45
0.2
2
0.4
1.35

Probability Amount Total

0.6
1
0.6
0.2
1.5
0.3
0.1
2
0.2
1.1

Project Completion Time

Expected Useful Life

0.6
0.25
0.15

4
5
6

2.4
1.25
0.9
4.55

0.5
0.3
0.2

4
5
6

2
1.5
1.2
4.7

0.35
0.4
0.25

200000
250000
300000

70000
100000
75000
245000

0.2
0.55
0.25

210000
250000
260000

42000
137500
65000
244500

0.1
0.55
0.35

75000
95000
105000

7500
52250
36750
96500

0.4
0.4
0.2

85000
100000
110000

34000
40000
22000
96000

0.3
0.5
0.2

220000
233000
240000

66000
116500
48000
230500

0.25
0.5
0.25

215000
225000
235000

53750
112500
58750
225000

One Time Costs

Recurring Costs

Annual Benefits

Plan A

Plan B

One Time Costs

245000 x .838

205279

244500 x .866

211682

96500 x 3.657

352886

96000 x 3.744

359439

230500 x 3.208

739390

225000 x 3.284

738979

Recurring Costs
Annual Benefits
NPV

181225

167858