Review the simulated workplace information for Fast Track Couriers.2. Develop a change management strategy for Fast Track, which you will present to management (your assessor) for approval, by following steps 3–8 below.3. Identify change goals and specify:a. who/what is impactedb. how they are impactedc. when the impacts will be realised.4. Identify the change goals you have identified are related to organisation's strategic goals.5. Undertake a cost-benefit analysis of the of the change requirements. Include:a. the change requirementsb. the costs of changesc. risksd. the possible benefits of each changee. assessment of the benefits against the costs and risksf. categorised changes:i. feasible (F)ii. maybe feasible (MF)iii. not feasible (NF).6. Undertake a risk analysis of the change requirements:a. identify the risks and barriersb. analyse and evaluate the risks and barriersc. identify mitigation strategy.7. Develop a change management project plan. In order to justify your plan, include a brief explanation of the change management theory/methodology followed to embed change. Your plan must reflect theory and you must be prepared to explain to management how key elements of your plan, such as stakeholder management, communication, education/training plans, show elements of a particular theory.8. Include the following components in your plan:a. Stakeholder management:i. identify key stakeholders and rolesii. identify commitment leveliii. identify concerns/issues (and how can these will be addressed)iv. consultation methods for engaging identified stakeholders.b. Communication plan:i. audienceii. messageiii. when this communication will occuriv. how the message will be communicated (e.g. email, face to face, newsletter)v. person responsible.c. Education/training plan:i. participantsii. the skills the training will provideiii. when the training will occuriv. how the training will be delivered (e.g. class room, online, on-the-job)v. person responsible.9. Your project plan should also include a measuring/reporting strategy. Measurement and reporting strategy should include:a. how you will measure successb. how you will report success including:i. format of reportsii. when will reports be produced (weekly, fortnightly, monthly)iii. who will receive a copy of the report.10. Finally, your project plan should also include a list of resources (tools, supplies, etc.)11. Deliver a formal presentation (using PowerPoint) to management (your assessor) to gain approval for your change management strategy. Your assessor will approve your strategy based on your completion of this assessment task and satisfaction of specifications below.12. Ask for authorisation to implement strategy.13. Submit all documents to your assessor as per the specifications below. Ensure you keep a copy of all work submitted for your records.