1.Name the ten Project Management Knowledge Areas and give a one sentence explanation of the purpose for each area.2.Use the following information to answer the questions below. Projected inflows: Year 1, $6,000; Year 2, $9,000; Year 3, $23,000. The cost of capital is 10% and the initial investment is $29,750.a. What is NPV using the discounted cash flow technique?b. Should you recommend this project to the selection committee? Why or why not?