1 - 20 points Based on ideas offered in Chapter 7 - Project Scheduling: Adding the Time Dimension, as well as your own insights and experience, discuss at least five benefits a project team is likely to gain if members collaborate in developing a project schedule. Cite examples not presented in this chapter. Provide your response in 300-400 words. Question 2 - 20 Points Based on your learning from Chapter 7 - Project Scheduling: Adding the Time Dimension, explain the relationships among project deliverables, work packages, and mile-stones as they would appear in a schedule. Use your own words and examples. Provide your response in 300-400 words. Question 3: 20 points Based on your readings in Chapter 8: Modifying Project Schedules to Accommodate Time and Resource Constraints, answer the following: 3a. Name at least two advantages and two challenges associated with fast tracking. Illustrate with examples other than those cited in the chapter and your own experience. Provide your response in 150-200 words. 3b. How does the critical chain differ from the critical path? Offer an explanation in your own words with an example. Provide your response in 150-200 words. Question 4 - 20 points Show your calculations to arrive at solutions to these two problems: 4a.In month 9 the following project information is available: actual cost is $2,000, earned value is $2,100, and planned cost is $2,400. Compute the Schedule Variance and Cost Variance for the project. 4b. On day 51 a project has an earned value of $600, an actual cost of $650, and a planned cost of $560. Compute the Schedule Variance, Cost Variance, and Cost Performance Index for the project. What is your assessment of the project on day 51? Question 5 - 20 points 5a. Comment on the following statement: \"We cannot afford to terminate the project now. We have already spent more than 50 percent of the project budget\" Provide your response in 100-150 words. 5b. Assume the above project progresses through completion, but at the end, fails to meet its stated objectives. If you were facilitating the Retrospective for this project, what would you document as a Lesson Learned for future project teams? Provide your response in 150