Read the "Franklin Electronics" case study (I attached it below). As you complete the analysis, address the four topics:1. Explain the earned value measurement system and whether you believe that Franklin Electronics truly understands it. 2. Analyze the cost projections completed by Franklin Electronics. Reconstruct the cost projections toward the compilation of a realistic project budget. Include a theoretical discussion around the steps involved in the budget that you built. 3. Create a project management schedule that would be more effective than the one proposed in the case. Use scheduling techniques learned in this class to date. Include an assessment of why you selected this scheduling technique instead of others. 4. Evaluate sources of project risk, and develop strategies that would decrease the impact of these risks. In formatting your case analysis, do not use the question-and-answer format; instead, use an essay format with subheadings. Your APA-formatted case study should be a minimum of three full pages in length (not counting the title and reference pages). Use a minimum of three academic sources that are no more than 5 years old, one must be the text book, due to the case study is from the text book (Kerzner, H. (2017). Project management: A systems approach to planning, scheduling, and controlling (12th ed.). Hoboken, NJ: Wiley). All sources used, including the textbook, must be referenced; paraphrased material must have accompanying in-text citations. A minimum of three in-text citations are required.

Resource: ScenariosChoose a scenario.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.Submit your chart or diagram.