Project Plan for Charity Event at Bloomsbury Institute
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This report includes a project plan for the one day charity event at Bloomsbury institute. The report includes description of the project scope management, project time management, project cots management and project communication management.
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Contents INTRODUCTION...........................................................................................................................1 MAIN BODY...................................................................................................................................1 Project scope management.....................................................................................................1 Project time management.......................................................................................................3 Project cost management........................................................................................................4 Project risk management........................................................................................................5 Project communication management.....................................................................................8 CONCLUSION..............................................................................................................................11 REFRENCES.................................................................................................................................12
INTRODUCTION Project planning is an important part of project-life cycle which guides successfully completion of the project (Aarseth and. et. al., 2017). Effective project planning supports timely and successful completion of the project. This report includes a project plan for the one day charity event at Bloomsbury institute. This report includes description of the project scope management, project time management, project cots management and project communication management.AppropriatetoolssuchasGanttchart,workbreakdownstructureandcost breakdown are applied in the context of the project to create a detailed project plan. MAIN BODY Project scope management Project Description The project of conducting a one day charity event fundraising event a the end of academic year will take place in April of 20222 and needs to be completed in maximum time period of three months. The aim of the project is to fundraise 3 thousand great British pounds as profit through the fundraising charity events. The charity event will include performances showcasing talents of different students along with display of innovative business ideas of students. The profit for the charity event will be collected from the donations of the invited guests along with sale of tickets to the event. In addition to the performances and business idea display invited guests will be given food and beverages to enjoy the event. Project scope A scope of the project scope outlines the main boundaries of the project along with the primary objectives which need to be accomplished with the project (Alexander, Ackermann and Love, 2019). The project scope statement is that the project will start once approval is gained from higher authorities from the Bloomsbury institution along with allotted budget. First of all the team will analyse tasks and produce project management documentation estimates, a list of risks and milestone chart. The main obejctives of the project are: ï‚·to attain 3 thousand GBP through fundraising ï‚·to promote innovation and business ideas of talented students through the eventï‚·to provide guest satisfaction and influence them to attend future events at the Bloomsbury institute 1
Assumptions and constraints Project assumptions are defined as the project factors which are considered to be real with high certainty without strong evidence backing up the assumption (Guo, Wang and Liang, 2018). Project assumptions for the charity event project at Bloomsbury institute are provided below: ï‚·Promotional camping for the charity event using social media will increase profit of the event ï‚·Setting performances for the guests as per schedule will be time consuming Project constraints are defined as limiting factors which have negative impact on quality and timely completion of the project. Some of the project constraint which will affect completion of this project are provided below: ï‚·Budget of 5 thousand pounds is a limiting factor as it will affect the quality of resources purchased for the projectï‚·Issues related to managing students who will be performing will affect timely completion of the project as it can lead to conflict. Project roles and responsibilities Dividing clear roles and responsibilities is essential for attaining successfully results from a project. The main roles in completion of the project of completing a charity event at Bloomsbury institution are project sponsor, project leader, project manager, team members and steering committee. The role project sponsor is significant as project sponsor is responsible for creation vision of the project and offer approval related to budget and changes in the project(Havermans and. et. al., 2019). The project in case of charity event is the Bloomsbury institution which has main decision making responsibility and provides budget for completing the project. The project leader is given the responsibility of creating project plan and leading the team members through project life-cycle stages. The responsibilities of the project leader in case of charity event at the Bloomsbury institution are crucial because conflict resolution and problem solving is completed by the leader. Project manager is an important member of completing the charity event at Bloomsbury institute given the responsibility of managing budget and resources of the company, ensuring high stakeholder satisfaction are completed and evaluating project performance. In addition to 2
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this the important responsibility of deploying deliverables is also given to the project manager at the charity event which will be conducted at the Bloomsbury institute. The role of team members in case of the charity event which will be held at the Bloomsbury institute is to follow the tasks given by the project leader and project manager in a coordinated manner so that project milestones such as gaining RSVP from the guests and confirming the catering agency for the charity event. The steering committee refers to the group of senior management employees which overseas and supports project management(Kock and. et. al. 2019). The main responsibilities of the steering committee in case of the charity event at Bloomsbury institute is to ensure that project activities are completed with high quality so that the guests and invitees attending the charity event are influenced to make donations and target profit of 300 great British pounds can be attained. Project time management Activity base table ï‚·Secure funding ï‚·Create guest lists ï‚·Mail invitations ï‚·Post promotional ads ï‚·Negotiate with external agencies ï‚·Finalize menu ï‚·Finalize key performers and host ï‚·Select participants for displaying innovations ï‚·Complete practice performances ï‚·Organize event Gantt Chart and work breakdown structure Work breakdown Structure is defined as a visual, hierarchical and deliverable focused deconstruction of a project(Nandjebo and. et. al., 2021). Gantt chart is used for graphically depicting the schedule of a project. The work breakdown structure and Gantt chart for the project of charity event held at the Bloomsbury Institute is provided below: 3
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Project cost management Cost breakdown Cost breakdownsupports division of various costs included in a project in hierarchical manner. Cost breakdown plays an important role in managing projects as it helps look after the financial aspects of the project(Orgut and et. al., 2020). The visual data provided by cost breakdown structure about the main costs of the project help supply measurable cost controls. Cost breakdown is utilized in this project because it involves number of tasks and it is essential tousecostbreakdowntomanagefinancialaspectsoftheprojectandimproveproject governance. Cost breakdown will help define the precise detailed for this project which assists in efficiently and effectively managing a given project or contract.The cost breakdown for the project of charity event at Bloomsbury institute is provided below: Cost elementParticularsCost Human resourcesProject team members800 External staff at the event550 Facility dependentVenue rent1,400 Catering agency650 Decorations and furniture200 Participant dependent Performancerequirements(costume, props, technological support) 454 LegalLegal fees200 Information technology Internet connection26 Computing framework500 Audio visual system200 Total£4,980 5
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Figure :Cost breakdown Project risk management Risk management is defined as the process of identification, analysis and controlling various threats which affect the success of a project (Rasch, 2019). Risk management in case of a project is critical to timely providing deliverables to the client as it leads to elimination of any external threat. Risk management is applied in the Bloomsbury institute project as it will increase the possibility of successful completion of the project. In case of the project of conducting charity event by the Bloomsbury institute the main risk of the event are identified below with the help of risk register: Risk register IDCategoryDescriptionRoot causeSeverityRisk Owner 1ClientWrongtargetaudience invited for the event which leadstolowdonations receivedandinabilityto gain targeted profit. Inabilitytoidentify suitable audience for the charity. HighProject sponsor 6
2EmployeeLack of guest turnover and loss because of low amount of tickets sold. Ineffective marketing MediumProject manager 3External agency Foodqualityandvariety providedbythecatering agency negatively affecting guestexperienceand donations received. Ineffective evaluationof catering agencies for the event LowSteering committee 4EmployeeFailingtocomplywith charitableregistrationlaws which lead to legal trouble fortheBloomsbury institutions Inability to identify, understandand followregulations and legislations. LowProject leader Risk action plan IDPotential risk SeverityActionResources required Risk Owner DurationRisk treated Review date 1Inaccurate target audience selection HighToidentify profitable target segmentsfor the event and adopt suitable market strategiesfor each segment Research on fundraising events, social media network alongwith strong digitaland communicat ion channels. Project sponsor 2weeks (duefor completion on25 February) No25 Februar y 2Lowguest turnover MediumToconstruct strong digital Social media Project manager 1month (duefor No14 march 7
marketing camping including gamification marketing tacticsto attractlarge audiences and maximise ticket sale. network, game developmen t resources completion on14 march) 3Poorfood quality LowToevaluate different optionsfor catering agencies through extensive researchand meetings and purchase serviceof multiple agencies specializing indifferent cuisines Financial investment and employees for evaluating food quality ofdifferent agencies. Steering committee 3weeks (duefor completion on26 February) No26 Februar y 4Non- compliance with charitable registration LowTocreatea legalteam focusingon understandin gapplicable Labourand financial resources to complete anylegal Project leader 1 week (due for completion on26 February) No26 Februar y 8
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lawslawsto charitable eventand ensuring effective compliance. fees. Project communication management Communication management is defined as the process of creating and implementing strategies, processes and designing directives for internal as well as external communication in corporate environment (Shivakumar, Shivakumar and Ramachandran, 2018). The focus of communicationmanagementisonmaintainingtheflowofinformationduringproject managementsothatimportantinternalandexternalstakeholdersareinformedand communicated appropriately. In case of the project of conducting a fundraising event at the Bloomsbury institute, a detailed communication plan is created to ensure that primary internal and external stakeholders remain in an information loop and support successful completion off the project. The main internal stakeholders in case of the project of holding a charity event for the Bloomsbury institute are steering committee, project sponsor and project team members. In addition to this the primary external stakeholders for the project are catering service providers and venue providers. Stakeholder communication plan StakeholderPowerMain interest and issues Communication channel FrequencyComments Steering committee HighThe main interest istoachieve projectoutcome while the issue of thesteering committee is any disruptionin timely completion The communication channel for steering committeeis weeklymeeting throughvideo calling or in person Oncea week It is important to ensurethat guidance is taken fromthe committeeon everymeeting regardingproject 9
ofproject schedule. meeting.challenges. Project sponsor HighThe main interest oftheproject sponsor is to earn aprofitof3000 GBPthrough donations and the event. The communication channelusedto communicatewith projectsponsors areelectronic communication channelssuchas emailandvideo conferencing. Onceevery 3 weeks Writtenreports about the progress of the project and attainmentof milestonesneed to be provided to projectsponsors upon communication. Projectteam members Mediu m Theprimary interest of project team members is togaintimely remunerationfor their labour while the issue is team conflictaffecting project progress. Digital communication channelssuchas social media, email alongwith intercomwillbe usedtoreach projectteam members. EverydayCommunication with project team members need to focus on feedback sothatany barriers to project managementcan beresolved quickly. Catering service providers LowThe main interest is to gain timely paymentof service while the issueisinability tofulfilguest requirement. Communication channelusedwill be phone calling or text messages. After appointment andbefore the event. It is important to communicate any projectchanges whichmight affect the catering order. Venue providers Mediu m Theprimary interest is to offer effectivevenue Communication willbeconducted throughinperson During venue usage andthe Venueproviders needtobe informedabout 10
services while the issueisany damagestothe venue area. meetingsand phone calling. event.howthevenue willbeusedfor the charity event. 11
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CONCLUSION From the above report it is determined that project planning involves various activities such as project scope management and project management. Every area of project planning is important for delivering exceptional results to the stakeholders. Project management tools such as work breakdown structure and Gantt chart can be utilized for ensuring that the process of project management is simplified through visual data usage. Cost breakdown is an important of cost project management which helps administer finance aspects of the project. It is essential to create plans for communication and risk management as it ensures that information flows effectively and threats to the project are eliminated. 12
REFRENCES Books and Journals Aarsethand.et.al.,2017.Projectsustainabilitystrategies:Asystematicliterature review.International Journal of Project Management.35(6). pp.1071-1083. Alexander, J., Ackermann, F. and Love, P. E., 2019. Taking a Holistic Exploration of the Project Life Cycle in Public–Private Partnerships.Project management journal,50(6). pp.673- 685. Guo, Q., Wang, X. J. and Liang, X. D., 2018. Risk evaluation model of the whole life cycle of wind power project in China: Based on fuzzy theory.Journal of Interdisciplinary Mathematics,21(5). pp.1061-1066. Havermans and. et. al., 2019. Rolling into the profession: Exploring the motivation and experience of becoming a project manager.Project management journal.50(3). pp.346- 360. Kock and. et. al. 2019. Project lineage management and project portfolio success.Project Management Journal,50(5), pp.587-601. Nandjebo and. et. al., 2021. Modelling the effect of project cost management on project management performance: an application of SEM to Namibian MRCs.International Journal of Project Organisation and Management.13(2). pp.150-169. Orgut and et. al., 2020. Critical factors for improving reliability of project control metrics throughoutprojectlifecycle.JournalofManagementinEngineering,36(1). p.04019033. Rasch, F. A., 2019.Methodologies In Project Management. IJBMR. Shivakumar, S.K., Shivakumar and Ramachandran, 2018.Complete Guide to Digital Project Management. Apress. 13