Part 1. The current task was to develop the project sch

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Part 1The current task was to develop the project schedule. The project schedule can be found inthe accompanied MS Project file EagleEyePart1.No specific assumptions are considered tillthis point of schedule development as per the requirements. Two new tasks inserted:1.5.6: P1 Build Complete1.6.6: P2 Build CompletePart 21.Over-allocation issue resolved and the schedule can be seen in MS Project fileEagleEyePart2.2. Resolving resource issues:a. The issue of over-allocation was resolved by changing the duration of the activities to theavailable dates.b. Due to resource constraints, the overall schedule extended from the originally expected.c. Few of the tasks that changed on the critical path are Component Selection, DurabilityTesting, PCB modifications, Tolerance Analysis, and others.3. Additional MilestonesAs per the new addition, the latest date to contact the production manager is Monday,October 09, 2017 and the RA house is 06.03.2017 which is eight weeks before RA testing.4. MemoTo: Ms EngineerFrom:Date: 19.05.2017Re: Eagle Eye Project UpdateThe expected date for the project completion is May 18, 2018. The total duration is 315 days.However, if the booking of the RA house is ignored, then it is 268 days starting from March27, 2017. The resource constraints were the main reason that led to the extension in theproject length. Tasks such as preparation of software specification could be reduced from 18to around 4 to 5 days to save time. The cost for the project is shown in the below table:Task NameTotal CostElectronics$82,560.00Software$122,400.00Mechanics$115,200.00
Verification$63,720.00First Prototyping$46,000.00Second Prototyping$46,000.00Total for the project$476,440.005. Risk Management Planninga. MatrixRiskImpactLikelihoodofoccurrenceDegreeofimpactActiontriggerResponsibilityResponseplanEmployeeleftNeedmore timetocompleteprojectLowHighMitigateProjectManagerHire newemployeeDurationextensionMore costHighHighMitigateProjectManagerCompleteproject ontimePoor scopeidentificationConfusionand orderchangeLowHighMitigateProjectManagerEnsureproject scopeare definedappropriatelyin thebeginningLessresourcesMore timetocompleteprojectMediumHighMitigateProjectManagerAsk for moreresourcesfrom topmanagementb. The risks can be mitigated, avoided, or transferred to other entities. The risks that can bemitigated are those that have high likelihood of occurrence but can be handled with lessfinancial consideration. The risk that has high likelihood of occurrence and need largefinances to handle is avoided. The risk that has low probability of occurrences but can largefinancial impact the project is transferred.6. a. Purpose of different meeting types:The different types of meetings are kickoff meeting, planning meeting, and project reviewmeetings. The kick off meeting is conducted to start the project. It is the first thing that isdone when the project is started. In this meeting it is ensured that all the internal stakeholders
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