IT-313 Module 6 ActivitySouthern New Hampshire University1 02:14:49 GMT -05:001) Estimate the qualitative and quantitative risks of bringing the project to completion:a. On time - LOWi. Little to low risk as the project would be fully developed and operational within the original time limit of the contract.b. One month early - LOW-MODERATEi. Little to moderate risk as the project would have plenty of time to develop, be tested, and bring the network to full production with ample time to fix any issues that may arise during the testing phase.c. Two months late - HIGHi. High risk associated with the loss of 10% of the overall contract price (5% per late month). If we cannot get the entire project developed, tested, and operational, then the risk would be that the project could be transferred to another company.2) Estimate the qualitative risks of bringing the project to completion:a. On time, but not with the required security - HIGHi. This project may be considered complete but without the required security that is regulated by FISMA. If this occurs there is a risk of data breaches and leaves the data open to vulnerabilities which is a breach of contract.b. One month