We provide two alternate presentations of the completely bounded Hochs
child cohomology. One as a relative Yoneda cohomology, i.e., as equiva
lence classes oi n-resolutions which are relatively split, and the sec
ond as a derived Functor. The first presentation makes clear the impor
tance or certain relative notions of injectivity, projectivity and ame
nability which we introduce and study. We prove that every von Neumann
algebra is relatively injective as a bimodule over itself rind conseq
uently. H-cb(n)(M, M) = 0 for ally von Neumann algebra M. A result obt
ained earlier by Christensen and Sinclair. We prove that the relativel
y amenable C-algebras are precisely the nuclear C*-algebras, and henc
e exactly those which are amenable as Banach algebras. In a similar ve
in we prove that the only relatively projective C-algebras are finite
dimensional. This result implies that the only C-algebras that are p
rojective as Banach algebras are finite dimensional. a result first ob
tained by Selivanov and Helemskii.In a slightly different direction we
prove that B(H) viewed as a bimodule over the disk algebra with the l
eft action given by multiplication by a coisometry and the right actio
n given by multiplication by an isometry is an injective module. This
result is in some sense a generalization of the Sz.-Nagy-Foias commuta
nt lifting theorem or of the hypoprojectivity introduced by Douglas an
d the author. (C) 1998 Academic Press.