1. Which of the following is not true about Communications?

	a.	Communication is about people, not medium
	b.	Communication is affected by context of environment.
	c.	Communication is about data rather than information
	d.	Communication is ongoing throughout the project lifecycle
	e.	Communication occurs in various forms at different levels.

2. You are developing a new car prototype, but you are not sure whether to proceed with it. If you done the prototype, it will cost you $300 and if you don't pursue it, there will be no cost. If you done the prototype, there is a 30% chance that the prototype might fail, and for that the cost impact will be $200. However, if the prototype is successful, the project will make $2000. If you do not done any prototype, you are already taking a risk, the chance of which is 80% with a failure impact of $600. But, again, without a prototype, should you succeed, the project will make the same money as mentioned before.

What is the EMV for Doing the Prototype?

3. What is the Expected Monetary Value for Not doing the prototype?

4. What should you do? Should you develop the new car prototype?