Application Monitor (in .net)

I want a small application monitoring tool that will be using .NET Process control to start an application. After starting if the the application terminates - then it will trigger some actions e.g. restart (up to a maximum no of retry - if the applications stops/cannot start/terminates N times then it will not retry to start), send email notification to some addresses (one or multiple and can be time based i.e. from 9am-5pm to a single group 5pm to 10pm another group etc). The monitor should have GUI to view the status of applications started using it. No of application monitored has to be configurable and design wise unlimited. If the monitor is terminated - it should stop all processes. There should be notifications sent over email for the following events 1. Monitor Start 2. Monitor Stop 3. Any Application Process Start 4. Any Application Process Stop 5. Defined threshold violation for No of Thread/Processor Utilization/Memory Utilization of Machine and Processes Entire source code to be handed over with proper documentation/details. For any further details let me know.