Australian Institute of Project Management Event Due Diligence Report

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This report provides a comprehensive due diligence analysis for the Australian Institute of Project Management (AIPM) National Conference. It begins with an executive summary and introduction, outlining project scope, aims, and objectives. The report delves into marketing strategies, including the marketing mix and communication strategies. It details the event format, including the itinerary and speaker backgrounds. Venue selection, event timing, and sponsorship opportunities are thoroughly examined. A risk analysis, including a risk register and evaluation matrix, is presented, alongside a broad project plan with key dates, milestones, and cost analysis. The report also addresses resource analysis, governance, project control, and procurement plans, including supplier sourcing and contracting processes. The report also includes PMP summary covering initiating, planning, executing and monitoring process groups. The report concludes with a detailed analysis to guide the successful execution of the AIPM National Conference.
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AUSTRALIAN
INSTITUTE OF
MANAGEMENT
NATIONAL CONFERENCE EVENT
DUE DILIGENCE REPORT
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INTRODUCTION
To organize National Conference Event
which aims at promoting Information
Technology (IT) professionals for 3 days
at central business center of Sydney.
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AIMS & OBJECTIVES
To provide a platform for IT professionals for discussing trends in IT
project management
To organize event for at least 900 attendees
Non-members constitute 40%
Members constitute 60%
To recover cost from ticket sale
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MARKETING MIX
Product
3-day event for IT professionals to learn and discuss the integration of
IT with project management
Place
The marketing shall be done using both digital platforms and offline
mediums.
Digital plan shall be prepared and AdWords will be run.
Offline medium include invitations through current member of AIPM.
Price
Ticket price:
Members - $100
Non-member - $200
Promotion
Guerrilla marketing and Viral marketing
Television and billboard advertising
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EVENT FORMAT
Timing Activity
10 am to 11 am Registration
11 am - 12 pm Key speaker address notes
12:00 pm – 12:30 pm Tea break
12:30pm – 1:30 pm Speaker 1 discussion
1:30pm - 2:30 pm Lunch break
2:30pm – 3:30pm Speaker 2 discussion
3:30pm – 4:00 pm Tea break
4:00 pm – 5:00 pm Speaker 3 discussion
5:00 pm - 5:45 pm Closing day session notes
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VENUE SELECTION
Optimum format – Round table layout
Programme – 6 hours
Statutory approval – City management approval for organizing the
event in central business center
Security –
Non-members will need dedicated parking
Money will be collected at the registration desk
Third party vendors will be present at the event
Amenities – Basic amenities of business center shall be utilized
Traffic Management – Security personnel shall be used.
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VENUE SELECTION (CONTD.)
Logistics –
Event Setup : Specific room setup
Tables and chairs
Trash cans
Stage
Curtains
Food and beverages –
Food will be provided through Dining Express
OH & S implementation –
First aiders are easily identifiable
Staff is well aware of accidents and injury
Contingencies will be made for extreme weather conditions
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EVENT TIMING
Planning
Facilitation of easy approval from government bodies
Detailed budget of the event
Providing professional guidance in preparing the event plan.
Delivery
Venue planning
Financial control
Production support
Catering
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EVENT TIMING (contd.)
Post implementation
Post event documentation including administrative services to client
Closure of all accounts with the client
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SPONSORSHIP
Cash Sponsorship : AIPM
Cost reduction sponsorship : From ticket sales
Possible recommended sponsors : IT companies such as IBM
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RISK REGISTER
Name Description Probability Impact Score
Operational
risk
Non-
availability of
venue
Low High Medium
Non-
availability of
key speaker
Medium High Medium
Information
security
Leaking of
contact
number s and
email ID of the
attendees
Medium High High
Quality issue Speaker notes
are not clear
to the
attendees
Low Medium Low
Communicatio
n gap
Low
interaction
Low Low Low
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RISK EVALUATION MATRIX
Name Person
responsible
Timeframe Contingency plan
Operational risk Project team Urgent resolution Mitigation
Information security Project
procurement
manager
Urgent resolution Mitigation
Quality issue Project manager Within 24 hours Mitigation
Communication gap Project manager Within 24 hours Mitigation
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KEY DATES & MILESTONE
Staff selection – 13th May 2019
Marketing ads – 15th May 2019
Event promotion – 19th May 209
Venue selection – 21st May 2019
Security selection – 24th May 2019
Theme selection – 24th May 2019
Catering vendor selection – 26th May 2019
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MUD MAP
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COST MANAGEMENT
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RESOURCE ANALYSIS
Project manager
Event manager
Security staff
AV consultant
Safety Manager
Caterers
Speakers
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PROJECT CONTROL &
MONITORING Tools and techniques to monitor project growth
Gantt chart
Budget control through weekly meetings
Resolution conflict through one-to-one meeting
Change request
Frame change request
Send for approval
Once approved all changes should be documented
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PROCUREMENT PLAN
PMBoK procurement methodology will be implemented
Terms and norms of procurement policy:
Adequate use of expertise in contract negotiation
Research and use new automated methods.
Identification and mitigation of risks in procurement process
Tools, services and equipment to be procured
Projector
Chairs
Refreshments
Lunch arrangement
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PROCUREMENT PLAN (Contd.)
Fixed price contract will be selected
Payment will be made as the time of delivery
Procurement risks
Changes in technological requirements
Change in organizational aspects
Change in legal policy
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THANK YOU
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References
A Guide to the Project Management Body of Knowledge. (2000) (5th ed.). Retrieved from
http://www.cs.bilkent.edu.tr/~cagatay/cs413/PMBOK.pdf
Billows, D. (2016). Bottom-up Estimating. 4pm.com. Retrieved 27 July 2016, from
http://www.4pm.com/bottom-up-estimating/
Introduction to Project Management: Principles, Techniques and Tools. (2013) (1st ed.). Retrieved
from http://oe.ucdavis.edu/local_resources/docs/projectmanagementtraining.pdf
KERZNER, H. (2009). Project Management-A Systems Approach to Planning, Scheduling, and
Controlling (10th ed.). John Wiley & Sons. Retrieved from
http://honestyets.pbworks.com/f/Project+Management+-+A+Systems+Approach+-+10thEd.pdf
Makar, A. (2015). Top-Down vs. Bottom-Up Project Management Strategies - LiquidPlanner.
LiquidPlanner. Retrieved 27 July 2016, from
https://www.liquidplanner.com/blog/how-long-is-that-going-to-take-top-down-vs-bottom-up-strateg
ies/
Newton, P. (2015). Principles of Project Management (1st ed.). http://www.free-management-
ebooks.com. Retrieved from
http://www.free-management-ebooks.com/dldebk-pdf/fme-project-principles.pdf
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