Question 1 What is a project? Write at least three reasons for failure of the projects. Question 2 The management a Company is considering purchasing an equipment. The equipment will cost $15,000 and will create annual ca sh inflow $4,000. The useful life of the equipment is 4 years. What will the NPV of the project? What will be your recommendation about the project? The rate of return is 12%. Question 3 You are working in an organization. The organization wants to restructure itself. You have been asked to suggest different kinds of organization structures. The organization is more interested in an organization structure where there is a less overlapping of resources and enough concentration on projects. 0 What will be your complete recommendation and why? {Write different types of organization structures {just names] and select the one that is required with reason] Question 4 Calculate the number of people required by using the COCOMO model, if for a given project KDSI is 35. If the project team is new to the technologies required for the project and however, they have worked on similartechnologies and they are confident that they can handle the project. Organic Person Months = 2.4 * KD^1.05 Semi-Detached Person Months =3.0 * KD5^1.12 Embedded Person Months = 3.6 * KDS^1.20 Organic Duration = 2.5 * Effort0.38 Semi-Detached Duration = 2,5 * Effort0.35 Embedded Duration = 2.5 * EffortO.32 Question 5 What are the reasons for wrong estimations? Write at Lest 4-5 reasons. Question 6 Write different phases of a project. Include different steps of SDLC. What are the different approaches of system development (write only names)? Question 7 Use the Gantt chart to find the total duration of the project. Number Activity Predecessor Duration Design house and 3 months obtain financing 2 Lay foundation 2 months 3 Order and receive 2 2 month materials 4 Build house 2,3 3 months 5 Select paint 3 2 month 6 Select carper 5 3 monthHow much time is required to finish first three activities? How much time is required to finish first four activities? How much time is required to finish first five activities? Question 8 What is MOV? Write the 2-3 properties of MOV