CompetencyExamine the activities and roles of project integration, time, cost, quality, and resource management when managing projects within organizations.Scenario InformationYou are assuming the role of the project manager for a company called SuperPacks to provide a new backpack product with a built-in refrigeration pouch and radio module. Your customer for this project is the U.S. Army, Ground Forces and Special Operations. As the project manager for your team, you will be submitting to your manager a project management report.InstructionsYou are now in the final phase of being a Project Manager for SuperPacks and need to create a closeout plan on how to terminate or closeout the project. Management has asked you to consider the following checklist below for your closeout plan in a presentation to your team. Your presentation can be created using PowerPoint, Prezi, or any presentation tool. You have been asked to address the following questions in your presentation as you will be giving it to the management team:Create a closeout checklist for your project. What are the key components that you should include? Discuss how you would successfully close out this project, such as verifying project scope, contracts, administration, etc. In your closeout plan, identify the type of termination/closeout process you will use, and explain why that process is appropriate. Consider the control process you plan to use for managing this project to ensure quality is met.