1)In your initial post, answer the following questions about IT Project Management. In addition to your course textbook (chapter 11), utilize the UC library for information and examples.

What is a project, and what are its main attributes? How is a project different from what most people do in their day-to-day jobs? Discuss the importance of top management commitment and the development of standards for successful project management. Provide examples to illustrate the importance of these items based on your experience on any type of project. Discuss the unique challenges that an IT project presents.

In your peer responses, be sure discuss your thoughts on project management, your views on project’s attributes, and your thoughts on successful project management. You can take opposing/differing views than your peers but be sure to provide applicable resources as needed. Properly provide examples in your peer responses as well and any additional challenges you see with IT projects.

2)This is a required assignment worth 20 points (20-points/1000-points). Assignment must be submitted by the due date. No late assignments are allowed. Please discuss the following topics and provide substantive comments to at least two other posts.

Select from the following list four (4) topics and discuss. Use only 50-words max per topic to discuss and present your answer.

The discussion questions this week are from Chapter’s 16-17 (Jamsa, 2013).

Chapter 16 topics:

• Define and describe total cost of ownership. List at least 10 items to consider when determining a data center’s total cost of ownership.
• Define and describe a capital expense. How are capital expenses different from operational expenses?
• Define and describe economies of scale and provide a cloud-based example.
• Define and describe “right sizing” as it pertains to cloud computing.
• Define Moore’s law and discus how it might influence cloud migration.
• Given company revenues of $2.5 million and expenses of $2.1 million, calculate the company’s profit and profit margin.

Chapter 17 topics:

• Compare and contrast functional and nonfunctional requirements and provide an example of each.
• Discuss why a designer should avoid selecting an implementation platform for as long as possible during the design process.
• Discuss various trade-offs a designer may need to make with respect to nonfunctional requirements.
• Discuss why the system maintenance phase is often the most expensive phase of the software development life cycle.