I get a whole parachute?! Wow!!!
There is something like over a thousand feet of paracord in a 'chute, more than I will be able to use unless I start weaving shark nets. But I will stryve to use all of it.
Personal Shelter:
improvised clothing for warmth and coolness(The chute material is not really a good insulator, but I can layer it heavily, or use natural fibers in between outside layers of 'chute)
Tent/sunshade
Snow shelter (Build tent, cover with snow)
Sustenance
Snares.
can thresh grain in the fabric, catch grasshoppers, and use as an all-around container
gather dew
melt snow (Gather up a bunch in a panel, hang near fire, place container underneath)
build fore-mentioned net
Signalling
Typical military chutes have green, white and orange panels. If one of these panels do not contrast with your environment, then you are somewhere I've never been.
Standard ground signals
Flag
Windsock for rescuing helicopter
Travel
Use strips to mark trails for back-tracking or for rescuers to follow
build knapsack
Typical military parachute is attached to a very nice harness, and has some metal fittings on it. These can readily be fashioned into back-pack straps, belt, shoe soles, sheath for fore-mentioned knife and other things requiring much durability. Typical military parachute for single seaters also has a radio/transponder built in, which can be used for communicating with rescuers, or if broken, some other things, including outside shell for cooking container and battery for firemaking.
The chute and cord _could_ be used as tinder, but I would be wary of using it. It would probably melt more than burn, I could maker equally good tinder with my knife and natural things, and the chute material is rather valuable for other things.
The cord can also be used for other typical things cord can be used for, and can improvise many things in such a manner, such as camp gadgets made with sticks and lashings. Uses of cord could easily take up an entire book, and I will not attempt to expand on it.
Stryver