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BUS402 Project Management

tag 0 Download 0 Pages / 0 Words tag 22-06-2022
  • Course Code: BUS402
  • University: Saylor Academy
    icon is not sponsored or endorsed by this college or university

  • Country: United States


Colorado Springs Welcome Home Parade:

Scope Overview

The scope is based on working over the planning of a parade to welcome the different troops that are returning from Iraq. With this, there is a proper project management competency with time management so that there are no issues related to the attacks etc.

Business Objectives

The teams have come forward to plan the event. With this, there is a proper fund raising which is a major part of the project.


There are fundraising events, with the proper communication with the other stakeholders who could work on the planning and offer or ask for assistance as well. The challenges are the lack of money in a frame of time to complete the project. The project team face the challenges with the budgeting and the reimbursement where the city also could not handle the finance of the event.

Risks and Assumptions

The risks are related to the finance, security, safety and the other issues related to the catering and the clean-up in a very short time.

Stakeholder Listing

The stakeholders are the people who are going to be a part of the fundraising, the team planning the same, the committee and the management team committee as well of City Council of Colorado Springs.


There are different resources which have been taken from the coordination to the donation of city transportations, where the soldiers with participate in the parade. The working with the city policy for help in parking and easily handling the different issues that arise now. The coordination with the city engineers is also for controlling the traffic lights. This will be important for minimising the effects of the city traffic. A proper and a secured free food with service from the local restaurant franchise is a challenging task.

Team Operating Principles

The operations include the management of the fire and the police departments, handling the congestion which comes from the alternate routes for the cars at the time of parade. With this, the fire department is also positioned for the rescuing of the crews with the routes wit preventing the problems of dehydration.

Lesson Learnt

This will help in project team organisation and execution in a proper manner, with the different fund-raising activities that are done mainly to coordinate the soldiers and the planning. The team work is always important for handling the project management.


Hoegl, M., & Muethel, M. (2016). Enabling shared leadership in virtual project teams: A practitioners' guide. Project Management Journal, 47(1), 7-12.

Midler, C., Killen, C. P., & Kock, A. (2016). Project and Innovation Management: Bridging Contemporary Trends in Theory and Practice. Project Management Journal, 47(2), 3-7.

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