A project manger needs to understand the importance of the acquisition of capital goods. There are many choices for capital good procurement, including buying or leasing new equipment, or buying used equipment. Describe an example from the text or your personal professional experience where your project or organization had to procure capital goods for strategic reasons. What was the type of equipment (new, used) and how was it purchased? Please comment on the benefits of the choice selected

When it comes to capital goods the obvious question that comes to one’s mind is that of huge expenses that would be incurred in making them available. It is this huge expenses that has tobe…