Project Plan for Fund Raising Event at London School of Business and Management

Running Head: PROJECT PLAN
Project Plan
Name of the Student
Name of the University

1PROJECT PLAN
Executive Summary
London School of Business and Management wants to host a fund raising event during the
annual closing of academic year in May 2018. For this purpose, a project plan has been
developed in this report that can be followed by the organization as a road map for the proposed
event. In this report, all relevant project details including project scope, goals, objectives,
schedule, budget, stakeholders and risk management plan have been provided as per the best
possible estimations.

2PROJECT PLAN
Table of Contents
1.0 Introduction................................................................................................................................4
2.0 Project Charter...........................................................................................................................4
2.1 Project Overview and Rationale............................................................................................4
2.2 Project Scope.........................................................................................................................5
2.3 Project Objectives..................................................................................................................5
2.4 Assumptions and Constraints................................................................................................5
2.5 Project Plan............................................................................................................................6
2.5.1 Project Goals...................................................................................................................6
2.5.2 Stakeholder Analysis......................................................................................................6
2.5.3 Project Manager Duties..................................................................................................7
2.6 Project Cost Management......................................................................................................8
2.7 Project Time Management.....................................................................................................9
2.8 Work Breakdown Structure.................................................................................................15
2.9 Project Risk Management....................................................................................................15
2.10 Communication Management............................................................................................20
3.0 Conclusion...............................................................................................................................20
4.0 Recommendations....................................................................................................................21
Bibliography..................................................................................................................................22

3PROJECT PLAN
1.0 Introduction
This project is based on an annual fund raising charity event to be held at the end of the
academic year at London School of Business and Management. The organization has provided a
green light to proceed with the project and standard project management process will need to be
followed in order to execute the event successfully. For this purpose, a project management team
consisting of a number of stakeholders and project team members will be recruited who will
manage all the activities of the project including preparation and the execution of the entire event
successfully. However, a deadline has been set for the event and a minimum revenue cap has
been decided and hence, the event must be executed in order to fulfill both the requirements. The
main objective of this event is to raise significant amount of funds that will entirely donated to
charity.
In this report, a detailed project plan has been provided for the development and
preparation of the proposed event of May 2018.
2.0 Project Charter
2.1 Project Overview and Rationale
As per the proposed plan for the project, the fund raising event will be held after the
academic year comes to an end in May 2018. In this fund raising event, a number of stage
performances and other popular events will be held. The revenue that will be generated from the
event will be donated to charity. According to initial estimations, the minimum expected revenue
is £2018.

4PROJECT PLAN
As a part of the plan, the event will mark the end of the academic year and hence, special
performance awards will be given to the best achievers and performers in the academic year. In
addition, the fund raising event will also incorporate music and drama performances from the
college students as well as participation of some popular singers / performers. The income from
tickets and revenues generated will be donated to some charities including orphanages, old age
homes and others.
2.2 Project Scope
The scope of the project includes the following.
Preparation for the fundraising event is within the scope of the project.
Promotion of the event for maximum participation is within the scope of the
project.
2.3 Project Objectives
The main objectives of the project are as follows.
 To develop a suitable implementation plan for the project
 To estimate accurate budget and time for project
 To prepare a list of activities to be undertaken during the event
 To procure a suitable sponsor for the project
 To host the event on the selected date
2.4 Assumptions and Constraints
The assumptions of the project are as follows.

5PROJECT PLAN
 It has been assumed that the project will be financially feasible for the
organization.
 It has been assumed that the participation in the event will be sufficiently high so
that the revenue cap can be executed.
 It has been assumed that the students of the college will actively participate in the
event for raising the funds.
The constraints of the project are as follows.
 Lack of sufficient time for preparation may be a constraint.
 Unclear definition of the event details to be undertaken can be a constraint.
 Lack of sufficient participation of performers and the viewers can be a significant
constraint.
 Insufficient funds for the project may be a source of constraint for the project.
2.5 Project Plan
2.5.1 Project Goals
The goals of the project include the following:
Execution of the Fundraising Event
Execution of End Year Performance Awards
Revenue of At Least £2018
Host Stage Performances (Music, Drama, etc.)
2.5.2 Stakeholder Analysis
The stakeholders for the project have been analyzed as follows.