1. What do you understand by the term ‘project milestone’? How would you decide how many milestones to show on your project plan? 2.  How is effort monitored on a project? It is important that the...

1. What do you understand by the term ‘project milestone’? How would you decide how many milestones to show on your project plan?

2.  How is effort monitored on a project? It is important that the effort to be spent on activities is reassessed on a regular basis. Why is this so vital?

2 Staff time is usually the principal cost component of an IS project. Describe five other areas where project costs could arise.