Q1) Can an information systems project be managed? Or is the IT environment (and its connection to business) so complex and chaotic that any success is more a matter of luck than management skill?

Q2) Stewart associates is considering a project that has the following cash flow data. what is the project's payback?

Year Cash flow

0 (1,000)
1 300
2 310
3 320
4 330
5 340

choices given:

i) 2.11 years
ii) 2.34 yrs
iii) 2.60 yrs
iv) 2.89 yrs
v) 3.21 yrs