As we covered throughout this course, a project is an effort that creates a new product or service within a definite time period and through multiple related (and sometimes interdependent) activities or tasks. Stakeholders are those interested parties who either work on the project or benefit from the results of the project. Project management, then, is the concerted effort to use appropriate skills, knowledge, and resources to effectively meet stakeholders expectations.

This Portfolio Project involves the creation of a project in which you will prepare for your college graduation day and party for an expected 50 guests. You have a budget of $5,000 to complete this project. In order for the project to be considered a success, you must complete all parts of the project, including invitations reaching the right people, attendees having a good time, and not going over budget. Some details like this will be provided to you, while you will exercise your creativity to supply a few other details, such as what to purchase (i.e. cap and gown, special party invitation paper, etc.).

You will need to use resources to complete this project and will have a deadline to get everything done. Use three friends or family members who will help you with some of the activities. Refer to the project schedule shown in Appendix A of the Portfolio Project Template. Feel free to change their names to people in your circle in order to make this project more real for you.

Review the project schedule shown in Appendix A of the Portfolio Project Template. In the supplied template, provide the following. The answers to each prompt should be 100 words or more and you need to cite at least one scholarly resource to support your responses.

• Create a brief project overview (i.e., describe the Portfolio Project's details, including scope).
• Describe the objectives for completing this project.