In this section of your project, you are going to complete the following: Formulate a budget plan for the project. Create a timeline for implementation using a Gantt chart, and include: project schedule. the sequence of each phase. a description of each phase. Assess the risks and the liabilities by describing what risk might arise in the project and noting the likelihood (high, medium, or low), the impact it will have (again: high, medium, or low), and the mitigating actions