Background:

A leading technology company, Tech Innovators, has embarked on a groundbreaking project to develop a cutting$-$edge smart device that integrates artificial intelligence, IoT connectivity, and advanced user interfaces. The project aims to revolutionize the consumer electronics market and establish Tech Innovators as a pioneer in the field.

Project Overview:

$$ Project Name: SmartTechX

$$ Project Duration: $12$ months

$$ Project Budget: $$15$ million

Project Objectives:

$$ Design and develop a highly innovative smart device with AI capabilities.

$$ Ensure seamless integration with existing IoT ecosystems.

$$ Implement user$-$friendly interfaces and ensure a positive user experience.

$$ Meet strict quality and regulatory standards for consumer electronics.

Your team is assigned the project of designing and implementing this Tech Innovators Project. Your organization uses an agile development approach. Your lecturer will play the role of the project sponsor. Your team will work collaboratively to develop a comprehensive project plan with detailed timelines and resource allocation. The project sponsor will guide your team regarding the project requirements and you are required to attend all the project meetings. In the meetings, your team should discuss the steps to initiate this project and discuss how to progress. The above given are only an indication of some basic requirements of the project. The actual project scope should be revised as your project requirements. Your team is free to make necessary assumptions where necessary. You are free to make suitable assumptions and alter the project scope, budget and schedule if required. However, please indicate those parameters clearly in the introduction section.

Once you established the necessary assumptions, your group need to produce project management plans and other documents considering the project requirements you have selected.

o Develop documents for cost estimate and schedule managament tables as I have attached the photos.