22 Sep CompetencyIdentify the role projects play in meeti
CompetencyIdentify the role projects play in meeting the goals of an organization.ScenarioYou have just been hired as a Project Manager for Kingston-BryceLimited and have been assigned your first project. Kingston-BryceLimited (KBL) is a custom furniture manufacturer that specializes inhand-crafted dining room tables. The Board of Directors has identifiedan opportunity to purchase a competitor that also specializes in customfurniture. The acquisition of the competitor will enable KBL to expandoperations and triple their workforce and will take 18 months tocomplete. In order for this acquisition to be successful, you will needto use your project management skills to ensure success.InstructionsYour first task is to create a project plan for the Board of Directors in Microsoft Word or Excel.The project outline is essential for documenting all of the necessarytasks and milestones necessary to complete the project. The project isexpected to take 18 months to complete, and the major milestones arebroken up by quarters. You will need to be creative and develop thefollowing items as if you were running the project.Include the following (you will need to create these items):tasks and milestones;a project description;key stakeholders;timeline for the project.