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I amagreeing with my colleague’s answer Mr fuzlar
agree with mr. Md. Fazlur Rahman
In the context of project management, I would like to recommend as follows:
1. Several activities together will support to achieve a project objective and several project objectives will contribute to achieve the project goal. So, when the with activity cost are summed up for each period, it gives us the total activity cost of particular periods. Also add to this, the financing cost of each period
2. Now, estimate the revenue for each period.
3. Finally, check the NPV and IRR
Decision:
If NPV is reasonably positive or IRR is higher than market rate of interest, you may go ahead to take the project