Business Project: Risk Register, Methodologies, Theories and Recommendations

Business Project

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Part 1................................................................................................................................................1
Project Initiation Document.........................................................................................................1
Part 2................................................................................................................................................6
Risk Register................................................................................................................................6
Project Methodologies...............................................................................................................12
Recommendation.......................................................................................................................14
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
A business project is emphasized as an individual project that is mainly executed to accomplish
business-related objectives (Markovic., Bagherzadeh and Bogers , 2021). It has different actions
which an undertaken for the specific period of time in which several resources are involved.
Better project management refers to different managed risk that can comprise activities through
both starting and end of that project. In this project, some case scenarios are given on which one
of the case scenarios is considered: case study 1. According to a case, being as a project manager
organising a indoor sports event of Olympics in London (Arslan, 2020). The purpose of
conducting this sport event is to help the market through QAHE facilities with a budget of £20k
where students of the university show their participation in this, which allows more funding. The
below report is based on the scenario of providing more space to all students and teachers and
redevelopment of QAHE university campus, London. The report includes risk register,
methodologies, theories and recommendations.
MAIN BODY.
Part 1
Project Initiation Document.
According to the project initiation document is a form of the guide towards a project that is
clearly lying out within better justification towards the project, what the objectives will be and
how the project would be organized. This helps to make ensure that participants or people who
are around must aware of project highlights effectively (Buganova, Luskova and Slepecky,
2021). As QAHE University is organising a small indoor Sport event to help the market and
engage University students. As the event is taking place in the month of between July and
August with a budget of £20k. There are some important events of project initiation document
covers which helps to execute the better project development are:
Time scales The project timeline is predicted to complete within one month
(July to August). This one timeline will follow and attain more
important aspects strictly or resources would make implement to
QAHE’s University sport indoor Olympics project.
Objective or purpose The main objective of this project is to create awareness and
1