1. Project Selection: Based on your personal/professional experience or an area of interest, choose a technology project that meets the following constraints:Budget: $1.5 millionTeam Size: 15 people full-time equivalent (FTE)Duration: 1 year2. Project Phases and Activities: For the following generic phases (initiation, design, development, quality assurance, deployment) of the project, define specific activities to be carried out using a detailed work breakdown structure (WBS) or user stories format. The activities should reflect a comprehensive understanding of the project lifecycle. Include innovative tasks that reflect current trends in technology (e.g., AI integration, cybersecurity measures, user experience enhancements).3. Team Breakdown by Job Type: Define the team composition by job type, including fully and partially dedicated roles. Consider the following:Roles: Senior developer, junior developer, designer, QA, project manager, business analyst, technical writer, system architect, etc.Skills Required: Highlight any specialized skills required for your project, such as AI expertise, cybersecurity, UX/UI design, or data analytics.4. Team Assignment and Justification: Assign team members to the activities identified in step 2. Justify your choices by critically discussing the following topics:Team Composition: Explain the rationale behind the number of people in each role and how their skills and expertise contribute to the projects success.Phases' Relevant Risks: Identify and analyze at least five significant risks relevant to each project phase. Discuss potential mitigation strategies for each risk.Critical Success Factors: Identify and elaborate on at least three essential success factors for the project. Explain how these factors influence the project's outcomes and how they will be achieved.5. Real-World Integration: Incorporate real-world scenarios by interviewing at least one professional who has managed a similar project. Summarize the key insights from the interview and reflect on how they can be applied to your project. Include a picture of the interview in the assignment.6. Ethical and Social Considerations: Analyze your project's ethical and social implications. Discuss potential impacts on stakeholders, data privacy concerns, and regulatory considerations