Fundamentals of Project Management

Fundamentals of Project
Management
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EXECUTIVE SUMMARY
In this report it has been described about organising a charitable event for raising funds. The
event organised is online sport game competition of cricket and football. Also, it has been
discussed about market analysis and project cost and a budget is prepared in it. In addition to it,
benefit of charity event is that funds are raised from it, awareness is created about free education,
etc. Apart from it, in report it is described about several risks which can occur in event,
mitigation methods as well. Moreover, assumptions and dependencies are explained as well of
charity event. The project approach of waterfall model is used in project is discussed along with
timescale and project plan.
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Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION AND OVERVIEW...........................................................................................4
MARKET ANALYSIS....................................................................................................................4
PROJECT COSTS AND BUDGET PLAN.....................................................................................4
RESOURCE REQUIREMENTS AND COST................................................................................5
ASSESSMENT OF BENEFITS......................................................................................................6
KEY RISKS, ASSUMPTIONS AND DEPENDENCIES...............................................................6
PROJECT APPROACH..................................................................................................................8
TIMESCALES, PROJECT PLAN..................................................................................................9
COMMENTS / ISSUES................................................................................................................11
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................13
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INTRODUCTION AND OVERVIEW
A charity event is organised in order to raise fund for charitable cause. There are various
types of charity event organised from which huge funds are being raised. Thus, it is necessary to
do proper planning and organising of event so that it is completed successful and funds are
raised. Also, it require to estimate cost as well time to event (Araszkiewicz 2017). The event also
consist of various risk which need to identified and minimised.
Overview
Similarly, an event is organised for providing free education to disabled children. In this
online sports games will be played by people and funds is raised from it. The game will include
football and cricket where 100 participants are allowed to play. Here, participants will be retired
football or cricket players or those athletes who also want to take part in this event. In this a
registration process is started. The fee of taking part in event is $100. It will be a 1 month event.
The prize money will be given as donation. Also, sponsors are allowed to give funds as charity
as well.
MARKET ANALYSIS
It has been analysed that in UK there are large number of charities and NGO’s who work for
welfare of disabled people (Gregory 2020). They provide various services to them to fulfil their
needs. Besides that, they are being funded by many companies and people. Also, fundraiser
events are not frequently organised by charity. It has been found that in UK many people play
football and cricket. But they usually play on ground rather than online. Along with it, there are
no charity event which is organised to raise fund like game tournament. The event is organised
but only for competition purpose. Thus, it is required for NGO’s to plan charitable event to help
disabled people. The needs of disabled people are fulfilled but in other ways. S, it requires to
organise such online sports game event to raise fund for disabled children education.
PROJECT COSTS AND BUDGET PLAN
In order to organise online game charity event it requires to have sufficient budget and
resources. This is because it will help in allocating of resources and estimating that what is
overall cost required in it. Along with it, on basis of cost a budget is prepared by which it
becomes it easy to break down cost and use in project (Larsen 2018). Likewise, for organising
of charitable event the overall cost required will be $5000. Hence, its break down is as follows :
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