Project Management For IT

1) Is leadership important to project management? Why or why not? Is there a difference between a project manager and a project leader?
a. Be sure to fully explore your answer to the above questions
b. Be sure to adequately explain the relevant terms in your answer
c. Provide specific examples to demonstrate your understanding

2) Projects can be very expensive to the sponsoring company whether or not they are successful. Why are they expensive? What are some common development costs to a project? What are some common ongoing costs in a project? What are some common sources of benefits for a project?
a. Be sure to fully explore your answer to the above questions
b. Be sure to adequately explain the relevant terms in your answer
c. Provide specific examples to demonstrate your understanding