.Assignment 4.1: Create a Briefing on Lessons Learned About Project ProcessesThe purpose of this assignment is to give you practice in analyzing the reasons why projects succeed or fail, and therefore which project processes need to be repeated versus fixed. You may work on your own or with a partner.Procedure1.Write a 3 to 5 page briefing about a project you are familiar with, describingâfrom a process perspectiveâlessons that can be learned from the project.2.Estimated Time: You will need about 16 hours to collect your data and about three hours to develop your findings.3.Briefing Topics: In the briefing, cover the following topics.TopicDescriptionBackground Write an overview of the project situation. Include items such as the sponsors, customer(s), bidders, the winner(s), the objectives of the project and other information necessary to portray the project’s background.Factors- Identify project management factors affecting the effort. Discuss items such as political, environmental, organizational, and internal/external players.Goals – State the goals of the project. In addition to any objective goals, state any subjective/intangible goals (e.g., stepping stone in business plan, penetrate a new market, penetrate a new customer).Results – Use a cost effectiveness perspective to describe the project results. Did the project meet its goals? If not, did the project meet other goals. Were any secondary goals accomplished? Were there any unexpected benefits?Done Right- What do you believe was done correctly? Relate this to specific project processes.Do Differently – What would you have done differently? Relate this to specific project processes.Lessons Learned – What project management lessons can be learned from this project?