Develop a report of atleast 1200 words that includes the following:Explain the value that each selected project management model offers to a project manager.

This is the first time that the CIO has had a project manager directly reporting to him. He wants to make sure that you follow best practices in project management. However, he has a very biased view of project management (he has a PMP® credential and exclusively favors A Guide to the Project Management Body of Knowledge (PMBOK® Guide)—Sixth Edition), so he tends to hinder you rather than help you. You are seeking to educate him about the variety of project management methodologies so that he can best help and evaluate your work. He has asked that you develop a presentation comparing several different project management models, such as Agile, Waterfall, Critical Path Method (CPM), Critical Chain Project Management (CCPM), Six Sigma, Scrum, etc.Research the library for information about 3-4 different project management models for you to compare.One of the selected models should be the model that you believe would be best for this course’s project.Apply project scheduling methodologies, including Critical Path Method (CPM), Program Evaluation and Review Technique (PERT), and resource allocation including schedule compression techniques such as crashing, fast-tracking, and scope reduction.Formulate approaches to control the project cost schedule and performance using Earned Value Management (EVM), scope control, and rebase-lining techniques.Develop a report of atleast 1200 words that includes the following:Explain the value that each selected project management model offers to a project manager.Explain which project settings are ideal for their use.Use credible sources to support your arguments.Explain why one of your selected models is ideal for the current course project.