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Essential Components & InstructionsThis individual assignment consists of the following activities: a. Read the Case Project description and supporting materials c. Conduct online research on the Case Project industry and also on relevant business functions to understand the organization’s value chain activities. (Examples of business functions are: Finance, Information Technology, Manufacturing/Operations, Marketing, Distribution, etc.) d. Develop Scope Management Plan (SMP) for your chosen project. Please see SMP template with instructions for students:e. Please submit finalized SMP to Blackboard assignment tab on due date.Assignment FormatBelow are some key guidelines you will want to ensure you follow in creating this assignment. Think of this short list as a quality control checklist, along with the attached grading rubric. SMP template must be complete, pls submit in Ms Word (.doc, .docx) format You should format the documents professionally Please ensure that you remove all instructions (in red) and any examples provided within the templatePlease be sure to review the attached rubric. It along with these assignment instructionswill ensure you have a solid understanding of the assignment requirem