QUESTION 5 You are a project manager working for a consulting company. You have just been assigned a high- profile project by one of the partners, who were impressed with your performance and skills in managing projects. This new project is very unusual, something that you have not done before. The company is looking to organize a project management conference for its existing clients. It is viewed as a "thank you for your business" event, perfectly organized, outstanding, something to impress both the clients and staff The idea came up when one of the partners went to a conference and met Mr. Steeve, a renowned project management consultant and excellent speaker. Mr. Steeve liked the idea of giving a presentation at your company's event and checked his calendar. One possible date would be November 25th, 2021. The senior management of your company wants to invite 125 persons from the existing clients and 30 employees from within the consulting company. The conference will be a one-day event starting with breakfast and ending with a reception-dinner. Needless to say, that everything should be high quality for the budget you have at your disposal is $75,000 including the speaker's fee and travel expenses. You were promised access to internal resources to help you organize this exceptional event This is a great opportunity for you even if the project comes on top of your existing work. Now you have the chance to make an impression on the senior management of the company. Try to make the most of it! (a) Before working on the given scenario, first explain in general: What are the eight elements of a typical scope statement, List and briefly explain them? (b) Develop a scope statement for this project. Include all elements discussed in class. (c) How the project priority matrix will look like? Why? (d) Develop a WBS for the project. Identify all major components and provide three levels of detail. (e) Give an example of a work package. Include the cost, time and resource(s) associated with the work package chosen. (1) Describe how you plan to communicate the progress of the project to the senior management