Determining Returns on Investment and Performance
May 12, 2020
Mechanical engineering
May 12, 2020

Local arts festival

Case :
Your team is employed by Metropolis City Council to develop a series of arts events promoting environmental sustainability to be held across the City in the summer of 2015. Your team must develop a project plan, which sets out how the team intends to manage the festival to be presented to the Culture and Leisure Committee. The team will be responsible for identifying a theme for the festival; planning appropriate events; managing relationships with stakeholders; managing health and safety; ensuring licenses are in place and developing media and publicity for events. The goal is to ensure events are delivered on time, on budget and at an appropriate standard. The arts festival must run between May and September 2015. Your initial budget is £50,000. ( it is place called Metropolis, but it is a seaside resort in England bascially)

Initial Reading:
Laing, J.; Frost, W. (2010) How green was my festival: Exploring challenges and opportunities associated with staging green events. International Journal of Hospitality Management, 29 (2), 261-267.

Required:
Undertake a Risk Analysis for the project and identify a Risk Management Strategy

Case:
Local arts festival
Your team is employed by Metropolis City Council to develop a series of arts events promoting environmental sustainability to be held across the City in the summer of 2015. Your team must develop a project plan, which sets out how the team intends to manage the festival to be presented to the Culture and Leisure Committee. The team will be responsible for identifying a theme for the festival; planning appropriate events; managing relationships with stakeholders; managing health and safety; ensuring licenses are in place and developing media and publicity for events. The goal is to ensure events are delivered on time, on budget and at an appropriate standard. The arts festival must run between May and September 2015. Your initial budget is £50,000.
( It’s a place called Metropolis, but it’s seaside resort in England  )

Initial Reading:
Laing, J.; Frost, W. (2010) How green was my festival: Exploring challenges and opportunities associated with staging green events.   International Journal of Hospitality Management,   29 (2), 261-267.

1.    Provide a SWOT or PESTLE analysis for the project
2.    Provide a Work Breakdown Structure to analyze the project components
3.    Provide a Gantt chart for the project
4.    Identify the criteria for assessing project performance at each stage (Stage Gate Criteria/Milestones)
5.    Undertake a Risk Analysis for the project and identify a Risk Management Strategy
6.    Provide a Responsibility, Accountability, Consulted and Informed (RACI) Matrix for the project
Produce a Stakeholder Management Strategy for the key project stakeholders

Required:
Only write part 5 which is (Undertake a Risk Analysis for the project and identify a Risk Management Strategy ) also I would like to write without introduction and conclusion.