Part $1$

After reviewing your project plan, your client has decided that the project's schedule needs to be

cut by $10$ percent and the project budget must be reduced by $20$ percent. For example, if your

original project plan estimated that the project would be completed in $30$ days, you need to revise

your plan so that the project will now be completed within $27$ days. If the project budget was

estimated to be RM$5,000,$ it now has to be revised so that the project does not cost more than

RM$4,000.$

Please provide a professional$-$looking document that includes the following:

A side$-$by$-$side comparison of the original schedule and the revised schedule.

A side$-$by$-$side comparison of the original budget and the revised budget.

Using the Risk Identification Framework in Learning Unit $7,$ identify a total of five risks to

your project. More specifically, identify one risk for each of the five phases of the project

methodology depicted in the outer ring of the framework. For each of the five risks

identified, assign an owner to each risk and describe a strategy for managing each particular

risk.