Solved by a verified expert :Project Closure Plan & Final Portfolio Project (350 Points)The primary objective of your Portfolio Project is to familiarize you with project management skillsrelevant to the process groups of planning, execution, monitoring and control, and closing. In Week 8you will finalize a portfolio of documents representing your understanding of core components andcompetencies of IT project management, including project charter, project scope statement, workbreakdown structure, change management processes, communication management, qualitymanagement, and project closure plan.You may choose a real project in your current organization, in another organization, the case studyprovided in the text (described below), or a fictitious project scenario. The project involves two optionsfrom which you choose one to help guide your writing.The details, materials and specific requirements of this project can be found in the Portfolio ProjectDescription document linked at the bottom of the page.The following components are required for your final submission:Project CharterProject Scope Management PlanWork Breakdown Structure (WBS)Communication Management PlanProject Risk and Change ManagementQuality Management PlanProject Closure PlanAdditionally, craft an executive summary and a conclusion. The executive summary must offer a highlevel description of the project you have developed throughout the course. The conclusion shouldfocus on your self-assessment as a project manager assigned to an IT project. Address the keyelements you identified in the previous modules and identify additional areas that you think would bebeneficial to the success of your project.Your total project should be 8-12 pages including title and reference pages, but if you need moreaccommodation, contact the instructor for advice. Preface the document with a 1-2 page statementthat summarizes and explains the purpose of your project.