1. In which phase would you expect to invest most of your project time and why? Where would expect to spend the least time?2. What are the benefits of doing a pilot program before a full scale rollout of a new analytical methodology?3. What kinds of tools would be used in the following phases, and for which kinds of use scenarios?·       Phase 2: Data Preparation·       Phase 4: Model ExecutionInstructions:Typed in a word document.- Each question should be answered in not less than 150 – 200 words.- Follow APA format.- Please include at least three (3) reputable sources.