Please need solution for below case followed by questions

Insurance Company Cuts Cycle Time by 20% and Saves Nearly $5 Million Using Agile Project Management Practices Industry: Insurance, Information Technology Division Services Provided: Project Management Consulting, Agile Project Coaching, Mentoring VALUE DELIVERED of Agile Project Management Coaches, Organizational Change Management Company: A US-based Fortune 100 company providing insurance products and services to Project durations have been clients in North America. reduced by 20%, for a net savings of nearly $5 million. The Challenge: With a billion dollar project portfolio numbering in the hundreds of projects, the percentage of projects coming client needed to decrease time-to-market in response to competitive pressures and its expanding in on time and within budget product line. They set aggressive goals to reduce average project duration by approximately 50% increased by 40%. As a result, and improve internal customer satisfaction by 25% over a three-year period. The client's project management has broadened management environment at the time was rigid, depending almost entirely on traditional phase- the scope of the initiative to based deliverable schedules, with a heavy development methodology. implement agile practices across the organization. Solution: The client adopted the Scrum framework and other agile product development techniques, hoping to benefit from the shorter project durations promised by an iterative approach. In adopting agile practices and techniques as part of this initiative, the organization was set to introduce radically new management practices to a traditionally trained project management community, with an emphasis on early and frequent delivery of value to end-users. During the beginning stages of this initiative, PM Solutions became an integral part of an internal group that provided agile coaching to teams employing agile development practices, coupled with training tailored to their specific environment. PM Solutions also mentored the client's project management organization through the various changes these new practices required of an organization schooled in traditional approaches.results After 18 months of mentoring and coaching, a number of Approximately 15% of the client's portfolio of projects has significant results were realized: now adopted some form of agile project management. Due ": Average project duration (cycle time) was reduced by to demonstrated successes using a combination of agile approximately 20%, for a net savings of nearly $5 million project management and development practices, the client :: Customer satisfaction improved nearly 30% (exceeding the has established strategic goals that formalize the intent to "go goal of 25%), 18 months ahead of projections agile" across the organization. As a result, management has :: Project startup duration decreased from an average of 10 now mandated a doubling of the percent of projects using weeks to 3 weeks agile methods. :: Time-to-first-solution implementation decreased from an average of 20 weeks to 7 weeks PM Solutions continues to help lead coaching and mentoring efforts that will further ingrain agile practices into the :: 90% of projects adopting agile practices now deliver the desired value to end-users on-time and within initial budgets - company's business operations. by contrast, with traditional approaches, only 50% of projects delivered desired value on-time and within initial budgets.Answer the following questions: 1. List the top 2 challenges the organization has? (2 points) 2. What were the implemented solutions to address those challenges? {2 points) 3. Provide 2 Lessons Leamed from this Case Study (2 points) 4. List 2 Agile elements, tools, roles that the company has applied in the Case Study that we have studied in the Class (2 points) 5. List 2 Major results they were able to achieve because of adopting Agile? (2 point)