Assessment Brief:ProjectPlan Developmentfor a ProjectofYour Choice. You also have the option to work on the “Torrens Student Agency”from assessment 2.With your assigned group members, select a project (actual, completed, to be completed or under planning – this may include a projectyou are actually working on or one you are thinking of implementing). Many thousands of example projects are available in the literatureand online.Inform your lecturer of the name of your project before the end of week 6 of the term via email. This is your responsibility and it carries apenalty of up to 30% of the final mark of this assessment if you fail to inform your lecturer of your chosen project.Conduct research into similar or related projects to find as much information about what would typically be involved in such a project. Findappropriate templates for the different project management tools and customize them to the unique needs of your particular project.ANSWERSThe project plan should contain:1. Project background2. Project charter3. Project deliverables4. Approved budget5. Project scope6. Risk management and minimization plan7. Resourcing plan8. Stakeholder engagement and communication plan9. Gantt chart10. Communications management plan11. Specification details12. Managing scope creep and variations13. Customer management issues14. Project CloseApply the relevant concepts from the subject in presenting your plan from through the life cycle from initiating, planning, executing, monitoringand controlling to closing.Examples of relevant tools include – SW OT analysis, SMART objectives, scope statement, work breakdown structure, stakeholder engagementmatrix, communications matrix, risk register, RACI, project closeout checklist, lessons learned document.