using project budget template, complete A and B

Part A For this group assignment use the project budget template provided to prepare a time-phased budget for your projects. Use assignment 2 cost figures as per your WBS structure to record the estimated costs for your budget. Ensure your WBS structure has (as was required in Assignment \#2) 4-5 phases, at least 2 deliverables for each phase and at least 2 work packages for each deliverable. Be sure to include management reserves and/or contingency reserves in period 12 of your budget. Include an excel note to record the type of reserves, the purpose and how it/ they were determined. Record the timing of your projects expenditures as follows: record the costs for the first phase of your project in periods one and two, the costs of your last phase in periods 11 and 12 , and the costs for the remaining phases of your project in periods 3 through 10 . Indicate that your project is forecasting to receive the full funding required to complete the project as per the following: the funding is to be 70% from the Loyalist budget, 15% from Government grant and 15% from Public donations. Record the funding from the loyalist budget and the government grants in four increments: at the start of period 1 , the start of period 3 , the start of period 5 and the start of period 9 . Record the funding from the Public donation in each month of your project. Your group is to decide the necessary amounts needed at these different intervals. Check that for each month your funding limit is reconciled with your proposed costs and that overall your budget is balanced. In the second tab of the project budget template (named Risk Analysis) prepare a brief risk analysis of six critical risks your specific project is facing. Ensure one is a strategic risk, two are financial risks, one is an environmental risk, one is a legal risk and one is an operational risk. Use the risk register template provided in class to complete the identification, rating and response you have planned for each risk. Use the key term information under the template to guide your responses. Your answers should be specific to your project, informative and fulsome. One member from your group is to submit the completed assignment (excel document) by email by the posted deadline in Canvas. Make sure you copy the other members on your submission. Assignment 3 Project Budget templ