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CompetencyEvaluate project performance.ScenarioIn your role as a Project Manager for Kingston-Bryce Limited you have been assigned to create a scorecard. Now that the acquisition is underway, the Board of Directors for Kingston-Bryce Limited (KBL) wants to be updated on a regular basis about the performance of the project. In order for this acquisition to be successful, you will need to use your project management skills to ensure success and that all stakeholders are updated on the performance of the project.InstructionsYour task is to develop a scorecard in Microsoft Word or Excel. The scorecard will be used to measure the performance of the project. Include the following in your scorecard: Actual versus budget for the following (you will need to create these numbers): Timelines Project duration Budget Meeting frequency 14/05/202015businessfinance