MGMT640 (Winter 2023 section 35) Team assignment Three Formulate your team's project schedule with the following content: Create the schedule in Primavera P6, Microsoft Project or Project Libre Consider all schedule levels starting at project as level one. Create Work breakdown structure (WES) Create Major MilestonefDeadlines in your schedule. Create all required activities to fulfill the jobx'objective of the project. Maintain the logic between activities and apply the links in scheduling tool. Apply leadsf lags wherever needed. Estimate time needed to nish each activity. Identify the critical path of the project. Allocate required resources to each activity. Preform a BottomUp estimate of cost and compare it with your initial TopDown estimates from assignment one. Update assignment one with BottomUp estimated cost (ifyou find a difference) Save this initial project schedule. Assume that there is a time constraint, and you must provide project final dclivcrables earlier by 15% of the overall project duration. On a copy of the original schedule, apply your scheduling knowledge and techniques to reduce the overall duration of the project and satisfy the time constraint. Turn in your teamwork outcome by submitting initial and improvedfmodied project schedules and updated assignment one document. Page limit for each schedule is 5. Initial schedule has 8 and the revised one has 2 marks. All team members should be able to present the process and the outcomes if needed. Follow this rubric. Only one member of each team needs to submit the les. End