Financial management

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Business Finance

Description

Find an article using the NAU Online Library about a private or public project that a firm or government recently completed. Analyze the project and discuss what the incremental benefits and costs to the firm and to society would be if the size or scope of the project was to be expanded. Are the incremental benefits larger than the incremental costs and should the project have been expanded? What role would bonds play in funding these operations and/or shifting the costs to the future? Defend your answer and cite your sources.

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Explanation & Answer

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Running Head: PROJECT FINANCIAL MANAGEMENT

Bayonne Bridge project
Student Name:
Professor’s Name:
School Affiliation:
Date:

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PROJECT FINANCIAL MANAGEMENT

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The upgrade and innovation of Bayonne Bridge project was initiated in May 2013. The
project was expected to complete in two phases. According to Petroski (2015), the project
milestone was to upgrade Neo-Panamax container vessel and expected to compete by June 2017.
Bayonne Bridge project aimed at raising the roadway that connects New York and New Jersey.
The project aimed at raising the bridge from 151 ft. to 215 feet, which would accommodate
vessels and large ships. Additionally, The Bayonne Bridge project was expected to create
employment to 336,000 people as we...


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