Client: Tech Innovators Inc. Industry: Consumer Electronics Project: Launching a new line of smart home devices Scenario Tech Innovators Inc. is a leading company in the consumer electronics industry. They are planning to launch a new line of smart home devices, including smart speakers, smart lights, and smart thermostats. The company has a tight deadline to launch the products before the holiday season. Objectives Recognize the basic properties of projects, including their definition. Understand why effective project management is such a challenge. Understand and explain the project life cycle, its stages, and the activities that typically occur at each stage in the project. Understand the concept of project "success," including various definitions of success, as well as the alternative models of success. Tasks Define the project and its key characteristics. Identify the challenges in managing this project. Outline the project life cycle stages and the activities at each stage. Define what success looks like for this project and propose alternative models of success