Project Planning: A Project on the Charity Event
Added on 2020-01-28
14 Pages2378 Words80 Views
PROJECT PLANNING: A PROJECT ON THE CHARITYEVENTStudent name:Student ID:Professor name:
Table of ContentsIntroduction:..................................................................................................................................................................................1. Project overview:.......................................................................................................................................................................2. Project cost management:.........................................................................................................................................................3. Project time management:........................................................................................................................................................4. Project risk management:........................................................................................................................................................Conclusions:.................................................................................................................................................................................Reference list:..............................................................................................................................................................................2| P a g e
Introduction:The current projection deals with the planning of a new project on the charity eventwhere the main objective of the project planning is determine the time and cost consumptionsfor the current projection options. Moreover, another aim of this project planning is tounderstand the senior of the project and essential requirements for the same to successfullyexecute the other. Initially the planning reports has entailed the overview on the projectionswith introductory specifications and assumptions followed by the cost and time planning of thesame to acquire the critical resources. Latter phase delivers the number of risks, associated tothe project with the possible trigger of the same. 1. Project overview:Definition:The project is all about organising a charity event to raise fund for a social contribution.The event has been planned from the London School of Business and Management. Theinstitute may donate the fund, raised from the event to a charity organisation working for theold age home or orphanage homes. In this context, Kerzner (2013) cited that fund-raisingactivity would face severe obstacles as the people in the region might not participate in suchactivities. Therefore, London School of Business and Management need to focus on theoptimisation of resources to avoid unnecessary debts for planning costs. Rationale:The current project consists of the planning for a new charity program through a fundraising activity. As mentioned above that the institute has aimed to conduct the activity for asocial and environmental sustainability and further improvement of the economy throughproper investment planning. In this context, Schwalbe (2015) stated that charity program alsocreate a fair and ethical framework in the association that in turn would deliver the positiveimage of the institution among its stakeholders. Therefore, planning report of this fund raisingactivity would deliver a detailed understanding on the required resources for the projection andtime schedule of the projection. Therefore, the current report will improve the understanding3| P a g e
on the cost and time management among the students and other staffs, associated to the currentprojection. Constraints:The project involves scheduling of its action plan to start and finish the same withinrequired time constraints. Moreover, the project report will also deliver a detailed cost andbreakdown structure to produce an in depth information on the cost constraints. Apart from thesame, Wheeler et .al., (2017) stated that scope management plan is the prime constraints tounderstand the opportunity and limitations of the projections for construction of the projectframework. Thus, the current report has incorporated all these three components to produce areliable and valid project planning to execute the same towards meeting the project objectives. Assumptions:Following are the assumptions for the current projections on which the latter time andcost estimation will be conducted. The cost factors for the project planning and projection will remain same over the time The expenditure movement will be minimal and negligibleThe resources for the projection will be eased to acquireThe funds for the project planning and execution will be easily acquiredAll activities in the project planning will be started and finished within timeBudgeting outcomes will be produced on the current requirements and demandProject charter:Background:London School of Business and Management has aimed to organise a fund raising event at theyear ending whereas the key objective of the projection is not clearly stated. Thus, the aim wouldbe social development and improvement of the livelihood of needy people in the target region. Goals:Scope:4| P a g e
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