Managing Operations and Projects

Managing Operations
and Projects

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Project Scope Management..........................................................................................................1
Project Cost Management............................................................................................................2
Project Cost Management............................................................................................................4
Project Risk Management............................................................................................................5
Project Communication Management..........................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Managing Operations and Projects refers to ensuring that the different types of activities
are arranged in the right manner so that the overall level of operational efficiency and
effectiveness can be maximized and the management of the different types of projects can be
done properly (Aubry and Lavoie-Tremblay, 2018). This report is based on the Project Plan of
Bloomsbury Institute. The Institute wants to organise a Graduation Ceremony in November
2021. In this report, there will be specific focus will be made on different types of requirements
of the Project so that it can be completed successfully within the set time-frame.
MAIN BODY
Scenario- Bloomsbury Institute is planning to host a graduation ceremony in November
2021. For this project, the budget is 7,000 pounds and the overall project length must not exceed
3 months. Thus it can be said that for the success of this project it is required that the Institute is
able to ensure that it creates a detailed Project Plan.
Project Scope Management
Project Description- The Project of Bloomsbury Institute to host a graduation ceremony
in November 2021 will require that the use of detailed planning techniques is made which will
help in ensuring that the project can be made successful. This will help a lot in ensuring that the
overall goals and objectives can be attained highly effectively and efficiently.
Project Scope- The Project has a very wide scope because in this project there will be
detailed analysis on the different types of needs and requirements of hosting a graduation
ceremony and appropriate steps will be taken for hosting this ceremony in the right manner. Thus
the Project Managers are required to make sure that they are able to effectively and efficiently
achieve the goals and objectives of the Project by setting out the overall activities within the
scope of the project (Bajjou and Chafi, 2020).
Assumptions- The assumptions which are present with this particular project are as
follows-
 The graduation ceremony will be attended by a large number of students.
 Higher amount of costs will be incurred in conducting this particular project.
 The Project will include different types of activities which have to be arranged properly
for timely completion of the project.
1