The assignment is to host a Thanksgiving dinner party with approximately 50 guests, which requires planning and execution over a period of 5 weeks. The task involves setting project objectives, creating a work breakdown structure, developing a network diagram, estimating activity durations, and calculating schedule times. The group must also determine the critical path, create a Gantt chart, estimate costs for each activity, and prepare budgeted cost tables. Additionally, they need to identify potential risks that could jeopardize the project and develop response plans.