Assignment $1$ Instructions:Directions:$1.$ Select a team member to work with on the assignment$\mathrm{.}2.$ The expectation is to collaborate on the assignment so ensure you identify time each week to meet, work on the assignment, divide up work, and review$/$align on your deliverable$\mathrm{.}3.$ There will be one check$-$in with your professor, where you will be expected to have a draft answering questions $1,2,3$Case Scenario: Farewell to ExpensoTechA large beverage manufacturer in North America named Mighty Beverage is interested in transitioning from their current Enterprise Resource Planning System which managers the purchasing, production, and sales activities across three facilities throughout North America. They are interested in developing an in$-$house solution to manage the business areas mentioned for two key reasons. Firstly, the annual cost for the current software provided by a company named ExpensoTech has doubled each year. Secondly, ExpensoTech has informed Mighty Beverage that they are upgrading to a new software platform and will be discontinuing support for the old version in $16$ months and require Mighty Beverage to upgrade at a significant upfront fee, increased annual costs, and variable usage fees.You and your colleague have been hired as consultants to Mighty Beverage to explore the feasibility for developing an in$-$house solution and provide a plan of the following key elements listed below: $1.$ Project Lifecycle Selectiona. Propose a project lifecycle approach that you feel would ensure the company can implement an in$-$house solution across the organization to avoid staying with ExpensoTech.b$.$ Identify three benefits that this approach would provide Mighty Beverage$2.$ Create a timeline$/$schedule of major activities that would take place if the project was to start Nov $1,2023$ and have a duration no longer than $15$ months$\mathrm{.}3.$ Identify three specific practices you would implement to ensure effective communication and collaboration with stakeholders on the project, referencing the specific stakeholder groups you would engage with on the project$\mathrm{.}4.$ Create a list or base set of features to consider $($at least $4$ for each department $=$ minimum total $12)$ for the solution and provide two proposed approaches for Mighty Beverage on how the features could be prioritized for development, incorporating stakeholder feedback and business needs. $($Only include department specific features i$.$e$.$ no login$,$ or email etc.$)5.$ Recommend an additional project planning approach that if implemented would reduce risk for Mighty Beverages operations. Additional Information:Mighty Beverage is open to assigning two representatives from each department to be part of the development team.Mighty Beverage requires similar functionality to the current software but can accept some loss of functionality provided stakeholders from each department are involved in the decision making.Mighty Beverage is open to different implementation strategies provided they are able to have all facilities up and running within $16$ months.Mighty Beverage is an innovative company that is eager to explore new technologies and approaches that can increase company moral and improve company culture. Deliverables:Project report using the provided template that would be submitted to Mighty Beverage to consider. Ensure all answers are answered and reviewed for completeness.