1. Describe the project identification and selection process. (5 points) 2. Describe value chain analysis and how organizations use this technique to evaluate and compare projects. (5 points) 3. List and describe the steps involved in corporate strategic planning. (9 points) 4. List and describe the advantages of top-down planning over other planning approaches. (8 points) 5. Write a mission statement for a business that you would like to start. Ensure the mission statement states the area of business you would like to be in and what aspect of the business you value highly. (5 points) 6. Describe the objectives and competitive strategy for achieving that mission. (8 points) 7. List and describe the steps in the project initiation and planning (PIP) process. (10 points) 8. Describe three commonly used methods for performing economic cost-benefit analysis. (6 points) 9. List and discuss the different types of project feasibility factors. Is any factor the most important? Why? (9 points)