Step 1: Establish project objectives Analyse the information given in the workplace simulated scenario and outcomes of Activity 1. Collaborate with the team members and develop project budget using Template 9. Step 2: Determine project stages and key requirements for stage completion in accordance with client requirements and project objectives. Determine different stages in project management life cycle and document using Template 10. Determine the key requirements for each stage completion against client requirements and project objectives and document using Template 10. Step 3: Examine project management functions to determine interdependencies and the impact of triple constraints. Assess the project management functions related to the project given in the workplace simulated scenario. Determine interdependencies of the project management functions and the impact of the following constraints using Template 11. Cost Scope and quality o Time