Project Planning: A Project on the Charity Event

PROJECT PLANNING: A PROJECT ON THE CHARITY
EVENT
Student name:
Student ID:
Professor name:

Table of Contents
Introduction:....................................................................................................................................2
1. Project overview:.........................................................................................................................2
2. Project cost management:............................................................................................................4
3. Project time management:...........................................................................................................6
4. Project risk management:............................................................................................................0
Conclusions:....................................................................................................................................2
Reference list:..................................................................................................................................3
1 | P a g e

Introduction:
The current projection deals with the planning of a new project on the charity event where the
main objective of the project planning is to determine the time and cost consumptions for the
current projection options. Moreover, another aim of this project planning is to understand the
scenario of the project and essential requirements for the same to successfully execute the same.
Initially the planning reports has entailed the overview on the projections with introductory
specifications and assumptions followed by the cost and time planning of the same to acquire the
critical resources. Latter phase delivers the number of risks, associated to the project with the
possible trigger of the same.
1. Project overview:
Definition:
The project is all about organizing a charity event to raise fund for a social contribution. The
event has been planned from the London School of Business and Management. The institute may
donate the fund, raised from the event to a charity organization working for the old age home or
orphanage homes. In this context, Kerzner (2013) cited that fundraising activity would face
severe obstacles as the people in the region might not participate in such activities. Therefore,
London School of Business and Management need to focus on the optimization of resources to
avoid unnecessary debts for planning costs.
Rationale:
The current project consists of the planning for a new charity program through a fund raising
activity. As mentioned above that the institute has aimed to conduct the activity for a social and
environmental sustainability and further improvement of the economy through proper investment
planning. In this context, Schwalbe (2015) stated that charity program also create a fair and
ethical framework in the association that in turn would deliver the positive image of the
institution among its stakeholders. Therefore, planning report of this fund raising activity would
deliver a detailed understanding on the required resources for the projection and time schedule of
2 | P a g e

the projection. Therefore, the current report will improve the understanding on the cost and time
management among the students and other staffs, associated to the current projection.
Constraints:
The project involves scheduling of its action plan to start and finish the same within required
time constraints. Moreover, the project report will also deliver a detailed cost breakdown
structure to produce an in depth information on the cost constraints. Apart from the same,
Wheeler et al. (2017) stated that scope management plan is the prime constraints to understand
the opportunity and limitations of the projections for construction of the project framework.
Thus, the current report has incorporated all these three components to produce a reliable and
valid project planning to execute the same towards meeting the project objectives.
Assumptions:
Following are the assumptions for the current projections on which the latter time and cost
estimation will be conducted.
 The cost factors for the project planning and projection will remain same over the time
 The expenditure movement will be minimal and negligible
 The resources for the projection will be eased to acquire
 The funds for the project planning and execution will be easily acquired
 All activities in the project planning will be started and finished within time
 Budgeting outcomes will be produced on the current requirements and demand
Project charter:
Background:
London School of Business and Management has aimed to organize a fund raising event at the
year ending whereas the key objective of the projection is not clearly stated. Thus, the aim would
be social development and improvement of the livelihood of needy people in the target region.
Goals:
Scope:
3 | P a g e