Using the Scenario, answer the following questions about the Financial Appraisal of the option to build a new campus on

the site of the Old Fire Station Headquarters.

Decide whether the action taken represents an appropriate application of the Five Case Model for this project and select the response

that supports your decision.

The cost of inflation is estimated to be 2% per annum.

Should the project manager use this information when preparing the Financial Appraisal for this scheme?