Apply theoretical knowledge to a real$-$world scenario; Analyzing a case study, identifying key challenges; and Proposing strategic solutions.Assignment Format:To be evaluated, each submission must be made in Microsoft Word document format via Moodle.Please read the instructions carefully and complete all sections$/$parts as requested:Title: Managing a Project for Implementing an Online Learning Platform$1-$ Introduction: Begin by providing a brief overview of the project and its significance. Explain theneed for an online learning platform and its potential benefits in improving access to education,enhancing learning outcomes, or facilitating remote learning. Highlight the goals and objectivesof the project$\mathrm{.}2-$ Stakeholder Analysis: Identify the key stakeholders involved in the project, such as students,teachers, administrators, IT staff, and parents. Analyze their roles, interests, and potentialimpact on the project. Discuss the importance of effective stakeholder engagement andcommunication throughout the project$\mathrm{.}3-$ Project Scope: Define the scope of the project, including the features and functionalities of theonline learning platform. Specify any constraints or limitations$,$ such as budget, ti meline, ortechnical requirements. Clearly outline the deliverables and expected outcomes of the project$\mathrm{.}4-$ Project Planning: Describe the process of developing a comprehensive project plan. Explain theimportance of creating a work breakdown structure $($WBS$)$ and a project schedule. Discuss howtasks, milestones, and dependencies are identified and managed. Allocate resources, such aspersonnel, technology, and budget, to each phase of the project. Address the identification andmanagement of potential risks through a risk management plan$\mathrm{.}5-$ Budget Planning: Allocate a budget for the project, with an overall budget of $$100,000.$ Breakdown the budget into categories such as software development, hardware infrastructure,training, and support. Emphasize the importance of monitoring and tracking the budgetthroughout the project to ensure cost control$\mathrm{.}6-$ Procurement and Vendor Management: Discuss the considerations for determining whether theproject requires external vendors or partnerships. Explain the process of developing aprocurement plan to select and manage vendors. Describe the criteria for vendor selection,contract negotiation, and establishment of service level agreements $($SLAs$).$ Highlight thesignificance of aligning vendor proposals and pricing with the budget constraints$\mathrm{.}7-$ Implementation and Testing: Explain the process of executing the project plan by implementingthe online learning platform. Discuss the coordination with the IT team to set up the necessaryinfrastructure and software. Emphasize the importance of thorough testing and qualityassurance to ensure the platform meets the required standards and user expectations$\mathrm{.}8-$ Change Management: Describe the strategies for managing change during the implementationof the online learning platform. Discuss the importance of communicating the benefits of theplatform to stakeholders and providing training and support to facilitate adoption. Highlight theneed for monitoring and evaluating the impact of the platform on teaching and learningprocesses$\mathrm{.}9-$ Project Monitoring and Control: Explain the establishment of a system for monitoring projectprogress, including regular status updates, milestone reviews, and performance metrics. Discussthe implementation of a communication plan to keep stakeholders informed about projectstatus and any changes. Address the importance of taking corrective actions as needed toaddress deviations from the project plan$\mathrm{.}10-$ Project Closure: Describe the process of conducting a project evaluation to assess the success ofthe online learning platform implementation. Discuss the documentation of lessons learned andbest practices for future projects. Explain the preparation of a project closure reportsummarizing the achievements, challenges, and recommendations$\mathrm{.}11-$ Conclusion: Summarize the key points discussed in the paper, emphasizing the importance ofeffective project management in implementing an online learning platform. Highlight the skillsand knowledge gained through managing this project and their relevance in building a strongproject management portfolio.Submission Guidelines: Report Format: Your written report should be typed in a $12-$point font, double$-$spaced, with $1-$inch margins. Include page numbers and a cover page with the assignment title, your name, andthe date. Citations: Properly cite all sources and references used in your analysis according to APA format.At least $8-10$ sources. Length: The main body of the report should be between $12-15$ pages, excluding the executivesummary, cover page, and references. Due Date: As per the Moodle.