Assignment 2You must produce a short report written directly to the project sponsor (approx. 2,000 words plus the contents of the risk register) containing the following three items: A. A suggested risk register containing at least 10 fully documented risks, including owner, mitigation and contingency actions, pre-and post- action weighting and scores and a (referenced) paragraph (typically 10-15 lines) to the sponsor explaining why such a register is important.B. An explanation of the difference between project leadership and general leadership/management as the sponsor seems to think anyone can lead and manage projects and does not understand the unique difficulties project management presents.C. An analysis and critique of methodologies that might be used to run the project case study, principally comparing Agile, Waterfall and PRINCE2 methodologies. Explain their strengths and weaknesses and give your recommendation to the sponsor as to which methodology you believe would be best to use. There is no right or wrong answer for this and hence marks will be given on the basis of how well you have explained and justified your decision. As with the other assignment elements, reference examples and reference to theory is very important.