Hector Gaming Company.

I need an explanation for this Management question to help me study. Assignment Purposes/Learning Outcomes: After completion of Assignment-1 students will able to understand the1.Demonstrate a deep understanding of project management concepts and theories as well as approaches to project management (L.O-1.1)2.Demonstrate an understanding of the project budgeting and cost control in project management (L.O-1.6, 4.1)3.The ability to write a coherent report on project management case studies or new themes. (L.O-4.5) Assignment-1-Case Study Assignment Question: Please read the Case-2.1 “Hector Gaming Company.” from Chapter 2 “Organization strategy and Project Selection” given in your textbook – Project Management: The Managerial Process 8th edition by Larson and Gray page no: 61 also refer to specific concepts you have learned from the chapter to support your answers. Answer the following questions with 500 Words limit. Peters has hired you as a consultant. She has suggested the following format for your consulting contract. You are free to use another format if it will improve the effectiveness of the consulting engagement. Provide a detailed action plan that attacks the problem. Be specific and provide examples that relate to HGC.1. What is our major problem? 2. Identify some symptoms of the problem. 3. What is the major cause of the problem? Requirements: Answer the following questions with 500 Words limit.