hi can you please explain how to answer for each steps please

K Assessment 3 Information Subject Code: MAN204 Subject Name: Managing Projects Assessment Title: Project team, risks, and ethics Assessment Type: Individual video recording Length: 10-minute video recording Weighting: 40% Total Marks: 100 Submission: Online Due Date: Week 13 Your task You are required to prepare a video presentation, including accompanying slides, that discusses the development of the project team, the project risks and the ethical aspects of project management. Assessment Description In this individual assessment, students will be given an opportunity to outline the risks, the project team and the ethical role of the project manager. Your task is to identify the risks and mitigation measures (drawing upon the content of week 10). Then you will be required to identify and describe the various roles and resources in the project team (drawing upon the content of week 11). Lastly, you are required to outline the role of the project manager along the phases of the project life cycle, including the aspects of ethical behaviour (as discussed in week 12) Assessment Instructions For this assessment, you are to imagine that you are to manage and develop a home renovation project, but you are concerned about the project's risks and the project team's formation about the project being delivered on time with the right quality within the proper budget. For this, you need to understand more about your responsibilities as the Project Manager, especially in a project under time and budget pressure. Your presentation should address these aspects clearly to the company's management and other essential stakeholders. To successfully execute this assessment, we suggest you undertake the following steps: Step 1: Read the Project Background carefully to understand the project's key aspects, boundaries, and challenges. Then search the internet for further information on the critical tasks in the case study project. Step 2: In your own words, outline the project and address briefly the background, context, main objectives of the project and main packages of work in the project. COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This mat d to you by or on behalf of Kaplan But ss School pursuant to Part VB of the Copyright Act 1968 (Act). The material in this communic on may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Lid ABN 86 098 181 947 is a istered higher education provider CRICOS Provider Code 024268. Assessment InformationStep 3: Then, outline the project life cycle's main steps and work packages. Steps 1 thru 3 provide you with a clear outline of the project by now, which is your foundation for the further identification of risks, the project team and the role of the project manager. Step 4: Identify and classify the key risks for the project in all the following aspects. When analysing the context, the objectives and the key work packages within the project lifecycle, identify the key risks. You should indicate between 4 and 5 significant risks! Classify the risks in relevant categories indicating the severity and impact on the project (using concepts discussed in week 10). . Then, outline the risk management strategy you consider best suitable per risk. Step 5: Based on the previous steps, outline the resources required to deliver the project successfully. Indicate the roles and structure of your project team, including their specific skills, including a brief description of your role and responsibilities within the project team. Step 6: Indicate a rough timeline with critical deliverables and cost allocation to meet the time, scope, budget and quality limitations. Step 7: When steps 1 thru 6 are completed, you have all content to put together your PowerPoint presentation (or you may use a different presentation software). Design and construct your presentation and consider using graphical elements (pictures, photos, diagrams, tables) in your presentation, as they are highly beneficial in conveying your message. Step 8: When the presentation is prepared, record the video in which you present your views on the project questions. When submitting, make sure: The slides and your face are well visible. Think about shining extra light on our faces when presenting. Make sure you speak clearly and loudly and watch the camera. . Record a few trials and verify them for quality of sound, tone of voice, clarity, speed of speaking, etc. Do not read the slides. Please note that if you focus on any other project than the one your workshop facilitator provides, your submission will receive a grade of zero. You may use Canva or any other free software available to create the visual elements. Please refer to the assessment marking guide to assist you in completing all assessment criteria. You are required to use at least six (6) sources of information and reference these in accordance with the Kaplan Harvard Referencing Style. These may include websites, government publications, industry reports, census data, journal articles, and newspaper articles. These references should be presented as a reference list at the end of your video presentation. Background project You work as an experienced Project Manager for a Building and Construction Company called D&D Construction in Adelaide. In March 2023, you were assigned to manage a house renovation for the Pandya family in Adelaide's Murray River Suburb. The Pandya family, who owns the house, is expecting twins, who are due in September, so you know that you have much pressure and a short window to identify the requirements and complete the renovation before the arrival of the babies. The project The CEO of D&D Construction and the Pandya family have provided you with an overview description of the renovation and the requirements of the project, as follows: 1. The Pandya family has purchased the house in an area that currently is designated by the council as Forest Land; the council has indicated that before any works start, they need to COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been ted to you by or on behalf of Kaplan ant to Part VB of the Copyright Act 1968 (Act). The material in this communic may be subject to copyright under the Act. Any further reprod material by you may be the subject of copyright protection under the Act. Kapla ss School is a part of Kaplan Inc., a leading global less School Pty Lid ABN 86 098 181 947 is a ravider Code 024268. Assessment Informationreceive an evaluation about any possible impacts on the surrounding environment. 2. The construction budget for the renovation will be AU$ 125,000 including the costs for the architect that will design the changes. The architect showed their first sketches, which needed much more detail before the construction could start. 3. In a conversation between a Pandya family member and yourself, they said they were still negotiating with banks about the loan for the renovation. Still, they asked to keep this information confidential from the D&D Construction owners, as this could delay the beginning of their renovation. 4. With a little bit of research, you found out that the area where the house is situated has a history of flooding, hence the need to consider significant measures to reinforce the house structure and plan for the delivery of supplies and insurance during the construction. 5. Due to the arrival of the twins, the Pandya family's first kids, the family has explained that it is non-negotiable that the renovation is completed by the 30th of November 2023, so the family can move in and be prepared for the babies. 6. While researching, you also discovered that the road towards the location changed into a slippery dirt road 2 km before the place where the mansion should be built. 7. From your research on the D&D Construction company's previous projects, you know that Your duties as a project manager on a home renovation often include, but are not limited to: Getting permit applications Hiring subcontractors Pricing and sourcing materials Organising a budget Performing a risk identification Setting a schedule Delegating tasks Managing checklists of work completed Issuing payments 8. As required by the Pandya family, the project has certain materials that come from overseas, such as: a. Marble from France. b. Chandeliers from Russia, c. Wood floor from Brazil, d. A solar panel system that is developed and produced in Poland. 9. Based upon this, you consider the team to be yourself as the project manager, the architect, the soil expert, the construction engineer, and further 2 plumbers, 2 concreters, 4 carpenters and 3 electricians. You are very excited to be assigned as the project manager for this project, and you have this little lingering feeling that there may be some issues. COMMONWEALTH OF AUSTRALIA Copyright Regulations 1969 This material has been reproduced and communicated to you by or on behalf of Kaplan Business School pursuant to Part VB of the Copyright Act 1968 ("Act"). The material in this communication may be subject to copyright under the Act. Any further reproduction or communication of this material by you may be the subject of copyright protection under the Act. Kaplan Business School is a part of Kaplan Inc., a leading global provider of educational services. Kaplan Business School Pty Lid ABN 86 098 181 947 is a registered higher education provider CRICOS Provider Code 024268. Assessment Information