Part 1: Monitoring reportUsing the project plan you created in the task: Develop a project plan, risk management plan and budget,write a report detailing a project status update that could be provided to your manager. You have identi២�edthat not all sta are happy with the level of resourcing and this is hampering the successful implementation ofthe project. This needs to be highlighted in your report. In approximately one page, explain how youmonitored the following areas:The appropriate level of resources.The support provided for project team members.Sta៌ acceptance and satisfaction with the project requirements.Progress of the project against scheduled hours.Your risk management strategies to achieve project deliverables. This relates to the issue of sta៌�acceptance and satisfaction, raised above.What is working well and what needs adjustment.Part 2 Finalise and close the projectDiscuss the actions taken to ensure the administrative closure of the project is successful. Based oninformation gained from your review, complete a report of approximately 400 words by identifying whetherthe project was successful in meeting its aims in relation to:budgettimeframeresourcesteam satisfactionachievement of project outcomeslessons learned and how these could be implemented in future projects.Review the project outcomes and answer the following questions explaining to management the projectoutcomes processes against the project scope and plan (approximately one page).1. Scope development and management.Did the scope accurately represent every activity undertaken to produce the project deliverables?Were all types and quantities of resources required determined accurately?Were activity duration estimates accurate?2. Cost estimation and management.What resources and activities came in over budget? Were any below estimates?Were there any unexpected costs? If yes, why?What do the ២ndings mean for future projects?3. Project team member management.Were the right people selected as team members? Did they have the right skills and experience?How did you involve team members in the project review?How did the team perform?4. Closure.List the final payments made to contractors or suppliers.
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