critically discuss different project response strategies that are appropriate for the risks and opportunities identified

Assessment Information

This assignment is an individual assignment.

PART ONE (1800-2000 words)

You have recently been appointed as a Project Management trainee with the Coventry Event Management Company (CEMC) and you have been assigned to organise a music festival in Coventry. The 2-day music an art festival will take place in August 2022, in a location still to be determined. Around 10 artists are expected to participate and according to the initial estimation of organisers, around 15000 fans are expected to attend the festival. Food stalls are also to be made available. In addition to space management, hygiene and health and safety standards need to be maintained. In addition, car parking needs to be available. You have been appointed as a Project Manager to oversee the planning and development of this project. You are to: (1) assess the feasibility of the project, drawing on appropriate project management theory and frameworks; (2) prepare an initial plan that includes the project scope, the project Work Breakdown Structure (WBS) and the Gantt chart, considering a minimum of 30 different tasks and 4 milestones; (3) analyse the main stakeholders and provide recommendations on how these stakeholders should be managed to maximise the chance of achieving the project’s objectives; and (4) identify unexpected events that may have a positive or negative impact on the project objectives.

PART TWO (500 words)

You are expected to read the following research article on “What is project strategy?” (please see full reference below). Using your experience, driving knowledge from this article, and other credible academic sources, critically discuss different project response strategies that are appropriate for the risks and opportunities identified in section 4 of part 1. Artto, Karlos, Kujala, Jaakko, Dietrich, Perttu, & Martinsuo, Miia. (2008). What is project strategy? International Journal of Project Management, 26(1), 4-12. Assignment Brief Template Page 1 of 4 Assignment Brief Template Page 2 of 4 A copy of the article is also available on Aula space (Assessment Section) Recommended Report Structure Your assignment should be presented as a report, using the following structure: Part 1 1. Executive summary 2. Feasibility study 3. Project scope, WBS and Gantt chart 4. Project stakeholder assessment 5. Risk assessment Part 2 Project strategy discussion Reference list You are required to research and apply project management theory in order to successfully complete this assignment. In order to pass, you will need to use a minimum of 15 separate sources, including a minimum of 10 textbooks and/or scientific journal articles. Criteria for Assessment Research and selection of project management theory to support the assignment 40 Appropriate application of theory in Project Scope 10 Appropriate application of stakeholder management techniques 15 Appropriate application of risk management techniques 15 Project plan/Gantt chart 10 Clarity and credibility of proposals 10 This assignment is designed to assess learning outcomes 1, 2, and 3: 1. Demonstrate a critical understanding of the role of project management within organizations to deliver successful change. 2. Demonstrate competence in planning a project within a given organizational context. 3. Critically evaluate the methods and techniques used to organize and plan project time, cost, resources and people. Word Count The word count is 2500 There will be a penalty of a deduction of 10% of the mark (after internal moderation) for work exceeding the word limit by 10% or more. The word limit includes quotations and citations but excludes the references list.