Task 02: Develop a change management strategy (Project Plan and Presentation)The Assessment Task is due on the date specified by your trainer. Any variations to this arrangement must be approved in writing by your trainer.Submit this project work with any required evidence attached. See specifications below for details.You must submit both printed copy and soft copy of your answers in a word document.Submit the printed copy of required evidences (your answers) to your Trainer with the “Assessment Cover Sheet” (Filled out and signed appropriately) attached on top of your documents.Upload the softcopy on the link provide in the eLearning site.The Trainer/Assessor may further prompt and question in order to receive answers of appropriate quality or if further clarification required and to validate authenticity of your submitted work.Word limit: Word limit for answering this task is minimum 1000 wordsUsing the scenario information supplied, the candidate will undertake a cost-benefit analysis for high-priority change requirements, undertake a risk analysis, identify barriers, and develop mitigation strategies. The candidate will develop a change management project plan, assign resources and develop a reporting process. The candidate will then present their analysis and project plan to management for approval.Procedure1. Review the simulated workplace information for Fast Track Couriers.2. Develop a change management strategy for Fast Track, which you will present to management (your assessor) for approval, by following steps 3–8 below.3. Identify change goals and specify:a. who/what is impactedb. how they are impactedc. when the impacts will be realised.4. Identify the change goals you have identified are related to organisation’s strategic goals.5. Undertake a cost-benefit analysis of the of the change requirements. Include:a. the change requirementsb. the costs of changesc. risksd. the possible benefits of each changee. assessment of the benefits against the costs and risksf. categorised changes:i. feasible (F)ii. maybe feasible (MF)iii. not feasible (NF).6. Undertake a risk analysis of the change requirements:a. identify the risks and barriersb. analyse and evaluate the risks and barriersc. identify mitigation strategy.7. Develop a change management project plan. In order to justify your plan, include a brief explanation of the change management theory/methodology followed to embed change. Your plan must reflect theory and you must be prepared to explain to management how key elements of your plan, such as stakeholder management, communication, education/training plans, show elements of a particular theory.8. Include the following components in your plan:
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