Imagine you have been appointed as the project manager for a large-scale construction project in a densely populated urban area. The project involves building a new mixed development that includes residential apartments, commercial spaces and a public park. The project has significant budget and timeline and it requires coordination with multiple stakeholders including government, investors, contractors and the local community. Your task is to develop a comprehensive PROJECT MANAGEMENT PLAN that addresses the following aspects 1. Project initiation: Describe the steps you would take to initiate the project, including scope definition, objectives, stakeholders and a high level project schedule 2. Stakeholder management: Identify the primary stakeholders involved in the project and analyze their interests, influence and potential impact on the project's success. 3. Risk management: Conduct a thorough risk assessment for the project considering both internal and external factors 4. Resource Management: Outline how you will allocate and manage project resources. Include strategies of resource optimization. 5. Quality management: Define the quality standards and benchmarks for the project. Explain how you will ensure that the project meets these standards throughout its lifecycle. 6. Monitoring and Evaluation: Explain how you will monitor project progress, track key performance indicators and implement corrective actions whenever necessary 7. Communication and Reporting: Set out the communication plan that shows how information will be disseminated to stakeholders 8. Project closure: Describes the activities and process involved in closing out the project successfully. Explain how you will conduct project reviews, document lessons learned and ensure that all project deliverables are completed and handed over. Ensure that your plans demonstrates a clear understanding of project management principles and practices in line with the construction project described above.