Abstract: We generalise Floystad's theorem on the existence of monads on the projective space to a larger set of projective varieties. We consider a variety $X$, a line bundle $L$ on $X$, and a base-point-free linear system of sections of $L$ giving a morphism to the projective space whose image is either arithmetically Cohen-Macaulay (ACM), or linearly normal and not contained in a quadric. We give necessary and sufficient conditions on integers $a$, $b$, and $c$ for a monad of type \[ 0\to(L^\vee)^a\to\mathcal{O}_{X}^{\,b}\to L^c\to0 \] to exist. We show that under certain conditions there exists a monad whose cohomology sheaf is simple. We furthermore characterise low-rank vector bundles that are the cohomology sheaf of some monad as above.
Finally, we obtain an irreducible family of monads over the projective space and make a description on how the same method could be used on an ACM smooth projective variety $X$. We establish the existence of a coarse moduli space of low-rank vector bundles over an odd-dimensional $X$ and show that in one case this moduli space is irreducible.
