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Assignment 3: Project Proposal – Execution, Control, and Closure  Note: This is the third of three assignments which, as a whole, will cover all aspects of the project life cycle relevant to your selected project.Now, it is time for you to discuss your project’s challenges (e.g., risks); performance management plan (e.g., earned value management); and proposed plan for closing the project when it is done.Write a four to six page paper, in which you define the execution, control, and closure aspects of your chosen project. In your paper you must:1. Provide a brief summary of your chosen project.2. Identify and discuss your project’s greatest challenges (at least three) and provide a recommendation for addressing each of the challenges.3. Examine how you manage your project performance via earned value management. Identify at least three key EVM metrics you will use for your project.4. Discuss your plan to properly close your project when it is over.5. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.Your assignment must follow these formatting requirements:· Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.The specific course learning outcomes associated with this assignment are: · Develop a process for measuring the progress of a project, providing oversight, coordinating project closure, and determining project effectiveness.   Points: 150Assignment    3: Project Proposal – Execution, Control, and Closure CriteriaUnacceptableBelow    70% FFair70-79%    CProficient80-89%    BExemplary90-100%    A 1. Provide a brief summary of your   chosen project.Weight: 10%Did not submit or incompletely   provided a brief summary of your chosen project.Insufficiently provided a brief   summary of your chosen project.Satisfactorily provided a brief   summary of your chosen project.Thoroughly provided a brief   summary of your chosen project. 2. Examine your project’s greatest   challenges and provide a recommendation for addressing the challenge in   question.Weight: 25%Did not submit or incompletely   examined your project’s greatest challenge and did not submit or incompletely   provided a recommendation for addressing the challenge in question.Insufficiently examined your   project’s greatest challenge and insufficiently provided a recommendation for   addressing the challenge in question.Satisfactorily examined your   project’s greatest challenge and satisfactorily provided a recommendation for   addressing the challenge in question.Thoroughly examined your project’s   greatest challenge and thoroughly provided a recommendation for addressing the   challenge in question. 3. Examine how you manage your   project performance via Earned Value Management (EVM). Identify at least   three key EVM metrics you will use for your project.Weight: 25%Did not submit or incompletely   examined how to manage project performance via Earned Value Management (EVM)   and less than three key EVM metrics were identified.Insufficiently examined how to   manage project performance via Earned Value Management (EVM) and/or less than   three key EVM metrics were identified.Satisfactorily examined how to   manage project performance via Earned Value Management (EVM) and three key   EVM metrics were identified.Thoroughly examined how to manage   project performance via Earned Value Management (EVM) and more than three key   EVM metrics were identified. 4.   Discuss your plan to properly close your project when it is over.Weight:   20%Did not submit or incompletely   discussed how to properly close the project when it is over.Insufficiently discussed how to   properly close the project when it is over.Satisfactorily discussed how to   properly close the project when it is over.Thoroughly discussed how to   properly close the project when it is over. 5. ReferencesWeight: 10%References were not provided or   the references were not of a quality nature.Less than 3 quality references   were provided.3 quality references were   provided.More than 3 quality references   were provided. 6. Clarity, writing mechanics, and   formattingWeight: 10%More than 8 errors present.7-8 errors present.3-4 errors present.0-2 errors present.

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