Project Management involves understanding the cost of IT, its value to the organization and the project. Certain projects take a life of their own and go beyond the organizational policies and constraints. In developing a project, the team members should realize the IT priorities for the organization and how they fit with the project goals. Organizational priorities take precedence. Moreover, during the duration of the project the project leader should be making periodic reports to the Board of Directors of the organization (or other designated entity). All these aspects are discussed in the lectures and the textbook. Consider a hypothetical for-profit business that plans to design and develop an upgrade for an existing highway for a state in US. Develop the initial scenario of what this project would be, its cost and duration. You should address all Project Management related concepts discussed in the course in your presentation and report related to this project.