Fundraising For Charity

Academic Anxiety?

Get an original paper within hours and nail the task

156 experts online

Free Samples

Fundraising For Charity

.cms-body-content table{width:100%!important;} #subhidecontent{ position: relative;
overflow-x: auto;
width: 100%;}

Fundraising For Charity

2 Downloads8 Pages / 1,940 Words

Question:
Discuss about the Fundraising For Charity.

Answer:

A Fund Raising Event By A Company For A Charity Organisation
Introduction
The project selected is the fund raising event by a company for a charity organization. The project is so chosen that the new and multi-national companies are increasingly involving in philanthropy. As a part of that the companies are more involved in generating the funds for the self-running charitable trusts as well as increasingly for supporting the organizations that work for the charity.
The project involves the activities and tasks to conduct an event with an objective to raise some fund and forward the fund to an organization that works for charity and social cause (Cattani et al., 2011). The project is to be conducted by building a team to plan and organize the event. The project needs to figure out the budget and finances for the event. The budget is expected to be invested by the company initially. And the budget spent would be collected from the overall fund raised by the event. The budget is expected to be smaller amount compared to the fund raised.
The project has to be taken care exclusively by the company. So, the company is accountable and responsible for the entire event and the fund that is going to be raised for the charity organization. The company is expected to explore multiple options to generate or raise the fund for the charity organization. However, finally, only one option has to be selected to implement. So, in this project, the selection of the viable and most potential options among all the other options is done with the help of the priority matrix. Eventually, the same option is going to be implemented. The project planning and implementation is developed for the finally selected option to raise the fund for the charity organization (Lock, 2011).
Scope
Objective
The scope of the project is to collect the money, raised from the event and forward the fund to the organization that is pre-selected and that works for charity. The scope of the project does not include the branding of the company and profit of the company, though the branding and reputation may be increased for the company after the event. The scope does not include how the money is spent by the charity organisation (Wysocki, Robert, 2013). The objective of the project is to raise the fund for the charity organization, with no intention and process intended to gain the profit from the event.
Deliverables
The deliverables of the project are a detailed activities and tasks for the event to be conducted, after the selection of the appropriate event for charity organization.
Milestones

Development of the plan
Making all the preparations for the event
Completion of the event
Calculation of the fund raised
Submitting the fund raised to the charity organisation

Technical Requirements
The technical requirements of the project are the following.

A computer
Infrastructure needed to conduct the event
Detailed specifications of the items presented in the auction

Limits and Exclusions
The limits and exclusions include the acceptance of the price, if it is within the pre-defined price by the company without losses. Other products and items are excluded, except for the auction items.
Review with Customers
Customer reviews are to be collected with the questionnaire posted in the home page of the company website. In addition, a function is enabled to add the review of the event and project by the customer.
Priorities
There are multiple ways to raise the fund for the charity. Since it is a good cause, public and people are inclined to involve and spend good amount of money in such events and projects. Eventually, there are many ways explored and implemented by the individuals, the charity organizations and the companies that support the charity organizations. Companies find many ways to conduct the events, as they already have good access to the public, in the form of their customers. The events can be conducted either by the direct organisation or even by outsourcing the projects to them. Here, in this instance, the company is going to conduct the event directly. The company is going to spend for the event and the human resources needed for the event are directly taken from within the company, by looking for the volunteers (Stellman et al., 2005).
Most of the possible ways are explored and then the best way to raise the fund for the charity is going to be selected. Each of the way of raising the fund is explored, in terms of time, performance and cost. The constraint is considered to ensure the viability in terms of time taken to implement the entire event. The performance is considered in terms of how well it can be enhanced. The cost is considered to ensure whether the project can be accepted or not.
The selected event is going to be planned for the viability.
The basic priorities of the fundraising by the company are selected to be the following.

Hosting a street carnival
Organizing the competition
Raffle selling
Auction
Organizing a dance-a-thon
Imprisoning a celebrity

Options

Time

Performance

Cost

Hosting a street carnival

High

Medium

High

Organizing the competition

High

Raffle Selling

Medium

High

Auction

Less

High

Less

Organizing a dance-a-thon

High

Imprisoning a celebrity

High

Table: Priority Matrix

Time

Scope

Cost

Constraint

Enhance

There are total six options selected to raise the fund. Among all these options, Auction is selected as it can be the most potential option for raising the fund. Based on the company and its functions, employees and the products that it handles, the company has decided to go with the auction. The option auction is selected, as it is going to take less time as all it needs is a few hours in a day. It is going to give much higher performance, as it involves intensive and high value items in the auction. It is going to take less cost, as the event needs the transport of the items, inviting the guests and the participation of the volunteer employees from the same company.
Work Breakdown Structure

Planning of the event

Setting the objective
Identifying the audience
Deciding the type of fund raiser
Identifying the deadline
Studying the other similar fundraising events that run successful
Create minute to minute activities of the event

Build up a team

Look and seek out for volunteers in the company
Delegate the accountability, responsibility and authority
Split up the overall tasks for the event
Decide the professionals needed at the site

Estimate the Budget

Budget for hiring the site for the event
Budget for logistics
Budget for amenities
Budget for professionals hired out from company

Arrangement of the logistics

Decide the date and time for the event
Find location suitable
Develop the schedule
Negotiate for transport and finalize
Plan for follow up
Inform the volunteers

Conduct an Event

Take all the volunteers according to the schedule
Take the infrastructure and other material needed
Conduct the tasks and activities

Post event procedures

Clear the payments for logistics
Clear all the bills and dues for services
Clear the site
Payoff for the services

Fundraise

Calculate the total amount generated
Subtract the budget spent for the event
Release the final fund raised amount to the charity organization

Closing the project

Relieve the volunteers
Relieve the operations
Submit the final report of the project

Cost Estimation

Task Name

Duration

Start

Finish

Cost

Planning the event

2 days

Mon 15-08-16

Tue 16-08-16

$100

Setting the objective

1 day

Mon 15-08-16

Identifying the audience

1 day

Mon 15-08-16

Studying the similar fundraising events

1 day

Tue 16-08-16

Creating minute to minute plan

1 day

Tue 16-08-16

Building a team

2 days

Wed 17-08-16

Thu 18-08-16

$100

Look for volunteers

1 day

Wed 17-08-16

Delegating the responsibilities

1 day

Wed 17-08-16

Splitting the tasks

1 day

Thu 18-08-16

Deciding professionals at site

1 day

Thu 18-08-16

Estimating the budget

1 day

Fri 19-08-16

$100

Budget to hire the site

1 day

Fri 19-08-16

Budget for logistics

1 day

Fri 19-08-16

Budget for amenities

1 day

Fri 19-08-16

Budget for professionals

1 day

Fri 19-08-16

Arrangement of the logistics

5 days

Mon 22-08-16

Fri 26-08-16

$300

Deciding the date and time

1 day

Mon 22-08-16

Finding the location

1 day

Tue 23-08-16

Developing the schedule

1 day

Wed 24-08-16

Negotiating the transport

1 day

Thu 25-08-16

Planning the follow up

1 day

Fri 26-08-16

Inform the volunteers

1 day

Fri 26-08-16

Conducting the event

1 day?

Mon 29-08-16

$5500

Taking the volunteers

1 day

Mon 29-08-16

$1000

Taking the infrastructure

1 day

Mon 29-08-16

$500

Conducting the tasks

1 day

Mon 29-08-16

$4000

Post event procedures

1 day?

Tue 30-08-16

$300

Clearing the payments for logistics

1 day

Tue 30-08-16

Clearing all the dues and bills

1 day

Tue 30-08-16

Clearing the site

1 day

Tue 30-08-16

Payoff for other services

1 day

Tue 30-08-16

Fundraise

1 day?

Wed 31-08-16

$300

Calculating the amount generated

1 day

Wed 31-08-16

Subtracting the budget spent

1 day

Wed 31-08-16

Releasing the final fund

1 day

Wed 31-08-16

Closing the project

1 day?

Thu 01-09-16

$500

Relieve the volunteers

1 day

Thu 01-09-16

Relieve the operations

1 day

Thu 01-09-16

Submit the final report

1 day

Thu 01-09-16

Figure: Cost estimation with top-down approach, Apportion method
Conclusion
The project has been developed with an objective of raising the fund for the charity organization. The charity organisation is expected to be selected already, before the commencement of the project. So, the entire project has been developed for planning and implementing the project of fundraising for the charity organization by the company.

References
Cattani, G., Ferriani, S., Frederiksen, L. and Florian, T. (2011) Project-Based Organizing and Strategic Management, Advances in Strategic Management, Vol 28, Emerald,
David C. I, Gareis. R. (2006). Global Project Management Handbook. McGraw-Hill Professional
Lock. D. (2007) Project Management (9th ed.) Gower Publishing, Ltd.
Epstein, G. S. (2008). Herd and network effects in migration decision-making. Journal of Ethnic and Migration Studies, 34(4), 567-583.
Harrison, F. L. Lock. D. (2004). Advanced project management: a structured approach. Gower Publishing, Ltd.
Phillips. J., (2003). PMP Project Management Professional Study Guide. McGraw-Hill Professional, 2003.
Stevens. M. (2002). Project Management Pathways. Association for Project Management. APM Publishing Limited
Paul. D. C. et al (2005) The right projects done right! John Wiley and Sons
Stellman, Andrew; Greene, Jennifer (2005).Applied Software Project Management. O’Reilly Media
Wysocki, Robert K (2013). Effective Project Management: Traditional, Adaptive, Extreme (Seventh Edition). John Wiley & Sons.

Free Membership to World’s Largest Sample Bank

To View this & another 50000+ free samples. Please put
your valid email id.

E-mail

Yes, alert me for offers and important updates

Submit

Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

UploadUnique Document

DocumentUnder Evaluation

Get Moneyinto Your Wallet

Total 8 pages

PAY 5 USD TO DOWNLOAD

*The content must not be available online or in our existing Database to qualify as
unique.

Cite This Work
To export a reference to this article please select a referencing stye below:

APA
MLA
Harvard
OSCOLA
Vancouver

My Assignment Help. (2017). Fundraising For Charity. Retrieved from https://myassignmenthelp.com/free-samples/fundraising-for-charity.

“Fundraising For Charity.” My Assignment Help, 2017, https://myassignmenthelp.com/free-samples/fundraising-for-charity.

My Assignment Help (2017) Fundraising For Charity [Online]. Available from: https://myassignmenthelp.com/free-samples/fundraising-for-charity[Accessed 19 December 2021].

My Assignment Help. ‘Fundraising For Charity’ (My Assignment Help, 2017) accessed 19 December 2021.

My Assignment Help. Fundraising For Charity [Internet]. My Assignment Help. 2017 [cited 19 December 2021]. Available from: https://myassignmenthelp.com/free-samples/fundraising-for-charity.

×
.close{position: absolute;right: 5px;z-index: 999;opacity: 1;color: #ff8b00;}

Thank you for your interest
The respective sample has been mail to your register email id

CONGRATS!
$20 Credited
successfully in your wallet.
* $5 to be used on order value more than $50. Valid for
only 1
month.

Account created successfully!
We have sent login details on your registered email.

User:

Password:

MyAssignmenthelp.com is one of the noted service providers that deliver essay help. We provide tailored essay assistance to make sure that student gets online essay help exactly in the way they want it to be written. We at MyAssigemnthelp.com have built teams of consultants, who readily attend every query related to help me writing my essay. We provide essay writing help in forms of tips and steps in order o assist students with tough essay assignments.

Latest Project Management Samples

div#loaddata .card img {max-width: 100%;
}

SBM 1201 Project Scope, Time And Cost Management
Download :
0 | Pages :
12

Course Code: SBM1201
University: Asia Pacific International College