- [Instructor] Let's see how a candidate answers this question and I'll be back at the end with some feedback. - The first thing I would recommend is develop a five to eight year or more financial forecast to determine the expected revenue this project will bring versus the expected cost of the company. This will help to determine the overall cashflow and profitability for the project. With this forecast, you can then evaluate the possible risk the project and company may encounter. I'd recommend doing a sensitivity analysis by simply doing a realistic best to worst case scenario. I would speak to the vested stakeholders to determine the areas of the project that are relevant for success. Then, I'd change those revenues or costs for each of the sensitivity scenarios, rather than applying a percentage increase or decrease across the project. I would take it a step further and conduct an ROI, return on investment, analysis…
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