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Planning of Project: Music Festival

Compare and critically analyse three project management methodologies/bodies of knowledge, considering their advantages and disadvantages in contemporary global projects.

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Added on  2023-01-12

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This report discusses the planning of a music festival project, including project management methodologies, stakeholder analysis, and risk analysis.

Planning of Project: Music Festival

Compare and critically analyse three project management methodologies/bodies of knowledge, considering their advantages and disadvantages in contemporary global projects.

   Added on 2023-01-12

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PLANNING OF PROJECT-
MUSIC FESTIVAL
Planning of Project: Music Festival_1
Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Task 1...............................................................................................................................................3
Comparison of three project management methodologies..........................................................3
Task 2...............................................................................................................................................4
..........................................................................................................................................................6
..........................................................................................................................................................8
..........................................................................................................................................................8
..........................................................................................................................................................8
Task 3...............................................................................................................................................9
Stakeholder analysis....................................................................................................................9
Task 4...............................................................................................................................................9
Risk analysis................................................................................................................................9
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13
Planning of Project: Music Festival_2
INTRODUCTION
Project management is basically the process of initiating, executing as well as
formulating the various activities of project. The main aim of this report is to initiate and
implement the musical festival project (Huemann, Eskerod and Ringhofer, 2016).
This report gives a brief about comparison of three project management methodologies,
network diagram, stakeholder analysis and risk analysis.
MAIN BODY
Task 1
Comparison of three project management methodologies
Agile Waterfall Scrum
The agile project management
methodology is basically the
great iterative approach for
managing the various software
development projects which
mainly focuses upon
incorporating customer
feedback. This is one of the
modern approach in project
management where the project
is mainly divided into various
shorter span for the simplicity.
This is one of the traditional
project management approach
which mainly uses the
sequential phases for defining,
building as well as testing the
project deliverable. This is
predominately the approach
where project is mainly
completed within different
stages and moved in sequential
manner towards ultimate
release to the consumers.
This is another traditional
method of project
methodology which mainly
focuses upon managing the
software delivery. In short, this
is the traditional approach as
well as framework which is
being used for the various
projects with main aim to
deliver the new software or
project within short period of
time.
The major advantage of this
methodology which will help
the project of music festival is
that it generally incurs low
cost. This approach mainly
reduces the overhead due to
reduction of the unnecessary
documentation as well as
The major advantage of this
approach which will help to
make music festival successful
is that it focuses on most clear
as well as defines series of
steps. The structure of
waterfall is simple and each
activity of the project is
The major advantage of this
methodology for musical
festival is that it will help the
project team engaged in the
musical festival to complete
this project more efficiently as
well as quickly. Besides this,
the methodology will enable
Planning of Project: Music Festival_3
control requirements (Kerzner,
2019).
generally completed in
sequential manner which helps
in determining the end goal.
the team to make effective use
of the time as well as money.
On the other hand, the major
disadvantage of this
methodology which might
affect the music festival
project in negative way
training is requirement of
training as well as skills. This
generally requires high level of
skills within people carrying
out the project and this
eventually increases the cost of
training and development.
The major disadvantage of
this approach which might
become roadblock in
completing music festival
project is that it makes the
changes difficult (Balfe and
et.al.,2017). As this follows
the traditional form, thus the
team has no scope to bring any
type of changes in any of the
aspect which has been
completed before.
The major disadvantage of this
methodology on the other hand
is that it mainly requires highly
experienced as well as skill
team members who has the
ability to manage all the risks
related to the project.
Task 2
Task Name Duration Start Finish Predecessors
Music Festival
Budget Approval 1 day Thu 3/12/20 Thu 3/12/20
Hire Publicity Director 14 days Fri 3/13/20 Wed 4/1/20 2
Hire Set Designer 14 days Fri 3/13/20 Wed 4/1/20 2
Hire Place For
Auditions 7 days Thu 4/2/20 Fri 4/10/20 3
Advertising To Hire
Crew and Cast 7 days Thu 4/2/20 Fri 4/10/20 3
Hire Production &
Publicity Crew 28 days Mon 4/13/20 Wed 5/20/20 5,6
Set Designed and Built 42 days Thu 5/21/20 Fri 7/17/20 4,7
Train Production Crew 12 days Thu 5/21/20 Fri 6/5/20 4,7
Auditions To Hire Cast 2 days Mon 4/13/20 Tue 4/14/20 5,6
Cast Rehearsal 84 days Wed 4/15/20 Mon 8/10/20 10
Hire Orchestra 7 days Fri 3/13/20 Mon 3/23/20 2
Planning of Project: Music Festival_4

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