Create a project budget using one of the project costing methods addressed in the textbook. Furthermore, briefly discuss why you selected the costing technique to develop project costing.Part 2:Create a Word document with a minimum of 4 pages following APA guidelines. Address the followingEvaluate and explain the case study project schedule and budget baselines.Evaluate and address qualitative risk analysis, and explain how to calculate risk factors, create probability and impact matrixes, and apply the top 10 risk item tracking technique to rank risks.

Part 1:Using an Excel spreadsheet, create a project budget using one of the project costing methods addressed in the textbook. Furthermore, briefly discuss why you selected the costing technique to develop project costing.Part 2:Create a Word document with a minimum of 4 pages following APA guidelines. Address the followingEvaluate and explain the case study project schedule and budget baselines.Evaluate and address qualitative risk analysis, and explain how to calculate risk factors, create probability and impact matrixes, and apply the top 10 risk item tracking technique to rank risks. Supplement written research findings by creating an appropriate risk matrix.Include a summary of assignment lessons learned (briefly reflect on unit costing and risk activities).