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Risk Drivers for Jazz Band Tour Event Report - MUSL1620

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Vanderbilt University

   

History and Culture of the United States (MUSL1620)

   

Added on  2020-03-04

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MUSL1620 - The project involves event management for a tour that will have a number of events for a popular jazz band. The assignment involves the risk drivers to be taken care of. The drivers in this case will address the following factors : Whether the objectives set for the tour event are realistic and achievable, Whether the plan for carrying out the tour is efficient. The risk drivers for the tour event are : Costs, Project Schedule, Project Perfomance, Governance etc.

Risk Drivers for Jazz Band Tour Event Report - MUSL1620

   

Vanderbilt University

   

History and Culture of the United States (MUSL1620)

   Added on 2020-03-04

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Risk Drivers for Jazz Band Tour Event 1RISK DRIVERS FOR JAZZ BAND TOUR EVENTBy NameCourseInstructorInstitutionLocationDate
Risk Drivers for Jazz Band Tour Event Report - MUSL1620_1
Risk Drivers for Jazz Band Tour Event 2Risk Drivers for Jazz Band Tour EventReview of ScenarioThe project involves event management for a tour that will have a number of events for a popular jazzband. There are various tour dates set where the band will perform in different places on different dates.In organizing such an event, many risk factors have to be considered carefully. The management has tocome up with ways in which the risks will be mitigated so that the tour becomes a success.Risk DriversRisk drivers are an important factor because they will determine if the event s are on track and whetherthe key objectives are being achieved (Davies 2014). The drivers in this case will address the followingfactors:• Whether the objectives set for the tour event are realistic and achievable • Whether the plan for carrying out the tour is efficient• If tasks and activities have been done effectively and efficiently • The tour event complies with all relevant policies, laws, and regulations • The event s company has the capacity and capability to manage the tour event for the jazz group • The systems which are in place will effectively support the tour• There are enough human resources to ensure the tour event goes on smoothlyThe risk drivers for the tour event are:Costs – The costs of the whole tour event has to be consideredProject Schedule – The schedule has to be realistic and achievableProject Perfomance – The project must perform according to the standards which havebeen set (Burke 2013)
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Risk Drivers for Jazz Band Tour Event 3Governance – The leadership has to behave responsibly so that the project succeedsStrategy – Strategy planning has to be according to the tour objectivesOperations – Processes and procedures of the event management company have to be consideredMarket- The company has to consider its competitors who offer similar servicesLegal – All legal policies must be taken into consideration especially due to the fact that it is a tourExternal Hazards-Weather and terrain have to be considered
Risk Drivers for Jazz Band Tour Event Report - MUSL1620_3

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