Project Management for Organizing Indoor Sporting Event
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Added on 2023/01/11
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This report focuses on project management for organizing an indoor sporting event like the Olympics. It covers objectives, approach, key staff, stakeholder analysis, budgetary information, timescale, work breakdown structure, risk register, communication, and more.
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PROJECT MANAGEMENT
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Table of Contents INTRODUCTION...........................................................................................................................3 PROJECT 1......................................................................................................................................3 Objectives....................................................................................................................................3 Approach.....................................................................................................................................3 Key staff......................................................................................................................................3 Stakeholder analysis....................................................................................................................4 Budgetary information................................................................................................................6 Timescale....................................................................................................................................7 Work breakdown structure........................................................................................................10 PROJECT 2....................................................................................................................................10 Risk register..............................................................................................................................10 Importance of risk register........................................................................................................13 PROJECT 3....................................................................................................................................13 Communication.........................................................................................................................13 Analysis of different methodologies.........................................................................................15 CONCLUSION..............................................................................................................................17 REFERENCES..............................................................................................................................18
INTRODUCTION Project management is very essential for the company in managing the project as this will ensure that the project is successfully completed. The present report will outline the completion of the project of organizing the event of indoor activities like the Olympics is organized. Thus, for this the report will work on all the necessary things like stakeholder analysis, budget, risk, communication and other related issues. PROJECT 1 Objectives “To organize for the indoor sporting event with reference to Olympic event within the university of London.” Objectives To arrange for different resources for the indoor activities. Here the university want to organize for the event which will include a wide range of indoor games and sporting activities which will be based on concept of Olympics. Here the authorities of university have asked a team of the university to make a complete project for the organizing of this event and they want to make the event a flagship event within the market. Thus, for this the major focus of the university is over the managing the project in effective manner. Approach The approach taken for the completion of this project is the phased approach of project management. This approach of project management is being selected for the completion of the work as under this method the whole process of project management is divided in different phases. Thus, this will make it much easier for the university to organize the whole event in proper and effective manner. Also, the phases will help the university in controlling all the other activities of the managing of the project in much easier manner. This approach will be helpful for the project manager as they will know how they have to manage all the different phases of managing whole project.
Key staff Coach:The coach's role is to teach the students about the sports and the things that are required to be known for having a successful career in it. They provide guidance throughout the game and also prepares them for facing competition. Athletic Trainer:The athletic trainer provides assistance to the trainer in treating their muscles and bone issues. They work on instant assessment of the injuries and providing timely medical services. They also provide information to the sports teams with respect to how to deal with the injuries. Sporting Event Coordinator:The event coordinator works on planning and organizing the sports events along with taking the responsibility for promoting it as well. Engages in a discussion with the all sports teams with respect to the needs and requirements such as transportation, organizing the schedule and accommodation (Lee and Cunningham, 2019). The coordinator acts as the liaison between the sports team and the event facility. They are mainly responsible for negotiating the contract costs and also works on ensuring that all the required equipments are working properly or not. Fitness directors:The fitness directors of the institute works on the aspects in relation to the operations of gyms and other fitness and health clubs. They are responsible for managing the fitness related administration of the facility. They carry out complete research before purchasing any of the fitness and health equipments and also creates healthy and safe athletic programs. The fitness director provides education in respect to the exercises and nutritions that the sports person requires. Stakeholder analysis StakeholdersImpactComments CoachHighThecoachprovidestraining and guidance to the students whichhelpsthemin performingwellagainstthe competitors.Theyexercise hardworkforpreparingthe
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studentsfortheeventsby organizing practices and also teachessportsmanship.Thus, thecoachishavingahuge impact(Lau,Milneand Dickson, 2018). Sporting Event CoordinatorHighThe sport coordinator has the full responsibility to carry out the event successfully without anyproblem.Itcompletely dependentuponthe coordinatortomakesure everything has been taken care of on time. MediaHighFor making the sports events a huge successful, media plays an important role in promoting the event all across the places which helps in creating buzz about the event and a sense of craze to watch it or participate in it. Sport sponsorsHighTheeventisabouttobe organizedisathighlevel which requires a huge amount ofinvestmentandthus, sponsorsaretheonewho provides the relevant funds for makingtheeventasuccess whichisusedformeeting
requirement of organizing the events and managing the other activities. ParticipantsHighParticipantsarethemajor stakeholdershaveahigh impact on the success. They are the ones for whom it is being organized and thus, it is essential to take care of the interestoftheparticipants otherwise, it will lead to the failure of the event. Budgetary information ExpensesAmount Travel cost£2000 Material cost£2200 Wages of staff£6000 Charges for insurance£800 Cost of equipment£1200 Management cost£3300 Cost of overhead£4500 Total£20000
Timescale
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(1-5) 1-high 5-least effective Strategic risk Management1Mediumthis risk can be mitigated with help of proper researching before making and implementingthestrategy.Thisis majorly because of the reason that if strategy made is not in accordance with thechangestakingplaceinthe environmentthestrategywillnotbe good (Amon, 2019). Operation al risk Operational department 3Highthisrisk canbe solved with helpof properplanninganduseoflatest planning and controlling tools. Complianc e risk Legal department. 4Lowfor the mitigation of this risk the strategy used is to keep a record of all the laws andrulesandregulationwhichare applicablefortheoperationofthe company. Environm ental risk Management.3Highthis risk can be mitigated by using the strategyofcreatingagoodand coordinatedenvironmentwithinthe business area. This is due to the fact that this will assist the project manager to managetheworkingenvironmentof company in good manner (Rees, Ashley and Cameron, 2019). Financial risk Finance department 2Highthis risk can be mitigated with help of properly planning all the sources from
whichthecompanycangetfinance. Also, another strategy is of listing out all the different types of sources of finance and then compare it. Security risk Maintenance department 3Lowfor this the mitigating action is to have latesttechnologyrelatingtothe protectionofallthedataand information so that these will not be misused and are kept as safe and secure. Reputation al risk Marketing department 1Mediumfor this the mitigating action is to make good and effective marketing strategies so that the consumer like the project and its outcome. Technolog y risk ITandresearch and development department 1Highfor this the mitigating action is that the project manager must the record of all thechangesandadvancementtaking place within the sector of technology. Economic risk Researchand development department 2Highfor the management of economic risk the mitigating action is to hire a person who will record for the changes taking place in economy and then implement the same within the project. Competiti on risk Marketing department 3Highfor the mitigation of risk proper and effectiveuseofmarketresearch techniques is essential as this will help the project manager to understand what othercompaniesareusingfortheir strategy.
Importance of risk register The risk register is a document which outlines all the possible risk which the can be faced by the project manager in completing the project. This document is very important for the success of the project as when the person know in advance that what all risk they can face then the person can make strategies for overcoming those risk if the risk happens in actual. This is very important as the risk register also outlines the level of impact up to which the risk can have over the project and its completion. This impact involves low impact, medium impact and high impact. This assist the project manager in prioritising the risk in accordance with the possible outcome. Thus, this assist the manager in making a list of all the possible risk on the basis of the impact that is the risk which is high will be taken care of first and the risk which have low impact will be analysed in the end. Also, the risk register outlines the mitigation plan that is it discuss the way in which the risk can be minimised if it occurs in actual. Thus, for this reason that risk register in very much important as it also outlines the way in which the risk can be solved and the impact of the risk can be minimized. For instance, the risk of competition and it is sure that this will occur but with help of the risk register it is recommended that more effort must be placed on the marketing of the project. This is essential as more of the marketing will attract more of the student to come and this will increase the participant and viewer for the indoor event and activities. Also, it can be seen that with help of the risk register the project manager can also predict some of the related risk which may not be mentioned in the risk register but which can occur in the future and which is contingent. Also, this register for the risk assist the project manager in identifying the alternate solution as well in case the given solution in the mitigation plan are not useful or successful in the implementation and minimization of the risk. PROJECT 3 Communication Thecommunicationisdefinedastheexchangeof ideasandinformationfor the attainment and completion of the intended activity. This is very essential as this will assist the whole team in completing the whole work of the project on time. If the communication will be good and effective and clear, then this will help the company in managing the project in successful manner (O'Har, Senesi and Molenaar, 2017). The communication is crucial and need to be in clear format and structure as if the communication take place in proper structure then
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this will assist the project team to clearly understand all the different types of aim and objectives of project. Thus, the clear communication will make sure that the employees and other team members clearly understand all the activities which are to undertaken for the completion of the project. Also, communication is important for effective team development and team working. This is majorly because of the reason that when every person know what work they have to do and this will make sure that the work of each team member is not same. The theory of communication used in the project for organizing the indoor sporting event like Olympic is the Social Information Processing theory. This theory states that the sue of online method of managing the communication must be managed in such a manner that it looks like the interaction is taking place face- to- face. Under this theory it points out the fact that how strong bond can be created with help of online conversations. The major reason underlying this fact is that many a times it is possible that the person is not present at the place and if any information is to be given to them then the online method is used like emails or through use of social media networks. For this the project manager of current project will make use of online method and will communicate all the working activities and policies and plan with the project team and employees. Also, all the policies and plans need to be communicated with the project sponsor as they invest their money within the market. Thus, it is the responsibility of the project manager to communicate all the details to the sponsor as well. For this the use of email is done for communicating all the details and areas of project with the sponsor. In the same manner the employees or the team working on the project want all the details of the project as they are the people who actually works for the completion of the project. For them it is very essential to have all the details of the different activities which will be undertaken in order to manage the different activities of the project completion (Communication theories applied in project management, 2020). Thus, here the project manager also uses the method of messaging the employees about the activity which they have to perform in order to complete the project. All the working activities are messaged and is communicated in written form as this can be referred in future as well if any reference is required in future. In addition to this the communication is also necessary for the project resource allocator. This is necessary as if the resources will not be allocated in proper manner and if the allocation of the resources is not communicated in good and effective manner then the working will be affected of the project. Thus for this the resource allocator also communicates all the information
relating to the resources and its use to all the team members in form of written communication over email. This is done because of the fact that if the person or the team member need to check that what the resources are allocated to them they can just have a look over email. Also, in addition to this if the project team members also want to see that which resources are being used by others they can see that as well. In the end it can be said that the communication plays an important role within the success of the communication. This is pertaining to the fact that if the aims and objectives of the project will not be communicated to the people working on it then the company will not be able to manage the project in effective manner (Kuchta and Ptaszyńska, 2017). Also, the clear communication assists the project manager in increasing the team work and this in turn will increase the working efficiency of the company. Analysis of different methodologies Therearemanydifferenttypesofmethodologieswhichtheprojectmanagerof organizing of the indoor sport event and its success. The different types of methodologies are listed as below- Agile- this is a methodology which help the project manager in completing the project in successful manner. This is an incremental and iterative approach for the development of a software or the project or system. Under this system the cross functional team work together for the different work and activities and emphasis over the face to face interaction. Strength The major advantage of using this method is that this method is more suitable for the projects which do not have clear the clear aim and objectives. Another major objective of this methodology is that under this exhaustive planning is not required and at the beginning of the development process. Weakness The major drawback of using this methodology of project management is that the resource requirement for the hard or complex project is very tough and hard to estimate. Another major disadvantage is that there is always the risk of everlasting project which affect the working of project. Waterfall- this is a model of project management which assist the project manager in testing the whole project. Under this model the software or the system is being tested and checked that
whether the project will be successful or not. This is a systematic method under which the whole series of steps which is in a chronological system. Strength The major advantage of this method is that this model is very simple and easy to be understood and applied within completion of project (Lindlof and Taylor, 2017). Another advantage is that this method is easier to manage as every phase has different deliverable. Weakness The major weakness of this model is that there is high amount of risk or uncertainty as if the project will not get successful then all the work will go in vain. Another weakness is that this method is not suitable for the long and ongoing projects. PRINCE 2- this is a process based method very effective for the management and completion of the project. PRINCE stands for Project In Controlled Environment and is used for giving the fundamentals skills which are necessary for the successful handling of the project. Strength Main strength of this model is that this help the project manager in easily recruiting the people for the completion of the project. Another benefit of using this is that this can be used in combination with agile method as well for better working. Weakness The major limitation of using this method is that this does not include the use of the soft skills and this decrease the working efficiency of the people working on the project. Another weakness is that under this method the documentation is very heavy and it takes a lot of time in completing the documents (Stiff and Mongeau, 2016). Recommendation With the above analysis it is recommended to the project manager of organizing of indoor event at university is to use the Agile methodology of project management. This is majorly because of the fact that this is much simple method to be applied in the managing of project. CONCLUSION In the end it is concluded that for the success of the project the most important thing is the proper and effective planning. This will make sure that the whole project is completed in the
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planned manner only. This report outlines the different stakeholder of project like project manager, sponsor, resource allocator and others. Also, many different risk was identified like financial, technological and other along with their mitigating plan. In the end for communicating Social Process Information theory was used. Also, the different method like Agile, Waterfall, PRINCE 2 and many other was discussed but the Agile methodology was recommended.
REFERENCES Books and Journals Amon, E., 2019.Risk Management Plan and Risk Register for Design Low-Power Wave Energy Converter for Non-Grid Applications(No. 312). Marine and Hydrokinetic Data Repository (MHKDR); Columbia Power Technologies, Inc.. Gollier, C., 2018.The economics of risk and uncertainty. Edward Elgar Publishing Limited. Kuchta, D. and Ptaszyńska, E., 2017, July. Fuzzy based risk register for construction project risk assessment. InAIP Conference Proceedings(Vol. 1863, No. 1, p. 230006). AIP Publishing LLC. Lau, C. K., Milne, S. and Dickson, G., 2018. Stakeholders’ evolving roles in events: a macro- analytic approach.International Journal of Hospitality & Tourism Administration, pp.1-28. Lee, W. and Cunningham, G. B., 2019. Group diversity'sinfluence on sport teamsand organizations:ameta-analyticexaminationandidentificationofkey moderators.European sport management quarterly.19(2). pp.139-159. Lindlof, T.R. and Taylor, B.C., 2017.Qualitativecommunication research methods. Sage publications. O'Har, J.P., Senesi, C.W. and Molenaar, K.R., 2017. Development of a risk register spreadsheet tool for enterprise-and program-level risk management.Transportation research record,2604(1), pp.19-27. Rees, S., Ashley, M. and Cameron, A., 2019. North Devon Marine Pioneer 2: A Natural Capital Asset and Risk Register. Stiff, J.B. and Mongeau, P.A., 2016.Persuasive communication. Guilford Publications. Online Communication theories applied in project management. 2020. [Online]. Available through: <https://project-management.com/communication-theories-applied-on-project- management/>