1. Write a 1,050- to 1,400-word summary in MS Word in which you:Explain how strategic portfolio management relates to project management.Discuss how portfolio management concepts support an organization's mission and goals.Analyze the difference between project-based and non-project-based organizations. Address these areas:How does communication differ for a project manager in a project-based organization versus a non-project-based organization?Describe two challenges that a project manager might face in a non-project-based organization.As a project manager in a non-project-based organization, how would you overcome the challenges you identified?Use at least five credible references.Format your paper consistent with APA guidelines.2.Choose a scenario from the Scenarios document.Define activities for a project based on the scenario you choose.Include the following:Identify the scope of the project.Define the needs of the stakeholders.Create a WBS for the project.List necessary tools and techniques.List activities, activity attributes, and milestones for the project.Sequence the activities in a chart or diagram.3.Create a 7- to 9-slide presentation in which you include the following:Compare three performance measurement practices.Determine appropriate financial compensation and rewards using the scenario from your Wk 2 assignment, and explain your rationale for selecting the financial compensation and rewards.Outline a human resource plan for the project in the scenario.Include speaker notes on each slide.Format your presentation consistent with APA guidelines.4.Create a 350- to 700-word Communication Management Plan for the project scenario you chose in Wk 2.Develop a table in which you identify project and portfolio stakeholders and their influence on the projectAlign effective communication tools and techniques with each stakeholder.Explain why the methods of communication identified are most effective.Format your paper consistent with APA guidelines.5.A Project Management Plan has many components. Some aspects of the plan are introduced in future courses in the Project Management Certificate program. For the purpose of this assignment, include only the elements of the Project Management Plan discussed in this course and the preceding course in the Project Management Certificate program.Create a Project Management Plan in which you include the following:The WBS created (from Wk 2)The activities defined (from Wk 2)The sequenced activity chart or diagram (from Wk 2)A human resource plan (from Wk 3)A Communication Management Plan (from Wk 4)Develop a 700- to 1,050-word Risk Management Plan in which you include the following:Potential risks for the project and for the portfolio to which the project belongsThe likelihood and impact analysis of the identified risksA plan for managing responses to portfolio and project risksWrite a 350- to 525-word Project Control Plan in which you briefly discuss control mechanisms for this project.Create a 175- to 350-word introduction and executive summary for the plan, and place them at the beginning of your completed Project Management Plan.

Discuss the importance of planned change and its impact on the organization.

Risk acceptance and risk control are two strategies that organizations utilize to deal with risk. Risk control focuses on eliminating, reducing, or mitigating risk, while risk acceptance strategy determines and specifies the level of risk that an organization is willing to accept. As one can imagine, it is not possible to prevent or protect against all risk. Taking into consideration the material from this module, under what circumstances should risk control strategies and/or risk acceptance strategies be applied? Address the question in a general way and also provide examples.Be sure to post an initial, substantive response by Thursday at 11:59 p.m. MST and respond to 2 or more peers with substantive responses by Sunday at 11:59 p.m. MST. A substantive initial post answers the question presented completely and/or asks a thoughtful question pertaining to the topic. Substantive peer responses ask a thoughtful question pertaining to the topic and/or answer a question (in detail) posted by another student or the instructor.