Explain who your stakeholders are and how would you manage them. Discuss what your project risks might be and how would you manage them.

Assessment Details
A: Summative Assessment: Individual Reflective Report on Project (100%, compulsory).
Based on the given project scenario, write 3,000 words (excluding reference list and appendices but including all quotes and any footnotes) project planning report addressing the following project tasks. Please note that you may work in groups with your fellow students for discussions but the report has to be completed individually.
Project Scenario: as the chief student representative in the Business Strategy class, you have been given a total £5,000 budget from the Faculty of Business, Greenwich University to organise an academic conference on the topic of ‘Towards sustainable business model innovation in 2021’.
All the students in your class are requested to work in groups to prepare the presentation slides and to dress formally to present their ideas. Their audience include both the academics from the external universities and business experts from external industries who are invited by the Faculty of Business. However, as the organiser, you and your project team must prepare a list of potential audiences; once it is approved by the Faculty of Business, you need to prepare the invitation card and send them out on behalf of the Faculty. A small scale of prize-giving ceremony for best paper is also needed at the end of the conference.
In your project planning report, you are required to provide details of the following six tasks:
Prepare Project Scope Statement to state the project’s objectives, deliverables,
technical requirements and milestones.
Prepare Work Breakdown Structure (WBS, to include at least 10 activities) for the
project.
Based on the work breakdown structure (WBS) above, create a Gantt Chart, a network
diagram and indicate the critical path by using MS Project software.
Explain who your stakeholders are and how would you manage them.
Discuss what your project risks might be and how would you manage them.
Explain how you would evaluate this project in terms of key project success factors.
The structure you can consider to use to write the above tasks 1-3 can be found in the table below.
Task 4: Stakeholder Management
You can consider to use the relevant stakeholder management theories with references and briefly discuss them. This can then be followed by a list of stakeholders which you have identified in your project and discuss how they can be managed. Please note that the stakeholders you have identified should be closely related to your project.
Task 5: Risk Management
By applying the risk management system as discussed in this course, you can produce a risk management table with containing the items such as ‘the identified risk events’, ‘likelihood’, ‘impact’, ‘detection difficulties’, ‘response plan’ etc. Please note that the risks which you have identified should be closely relevant to your project.
Task 6: Project Evaluation
To evaluate your project, you can first discuss what criteria can be used to assess a project’ success or failure and why consider the discussion we have in session 2 seminar. You can then talk about which of those criteria can be applied in evaluating your project and how.

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