Project Status Report Group Assignment

You are the Project Manager for an upcoming fundraiser for the Pets4Kids charity. There has been whole lot going on. A couple of days ago, you changed the name of the fundraiser to "A Music Night for our Pets." A few weeks ago you lined up some businesses to donate items for your silent auction. At the same time, you confirmed the budget with the Project Sponsor. A few days ago, you booked the restaurant where the fundraiser will take place and organized the entertainment for the event. Your To-do list contains the following items that you need to complete:

• Send deposit cheque to restaurant (this week)
• Send status report to Project Sponsor (this week)
• Purchase decorations for event (next month)
• Send out thank-you notes (two months from now)

Overall, the fundraiser is going well, but you think you're a little behind schedule and probably 10% over budget at this point. One key problem you are experiencing is that the entertainers for the event (singers) cost you more than you had expected.

To do:

• Based on the information provide, created a Project Status Report as of today.
• Ensure all sections are complete.

Sections:

1. Header Information:
   • Project Title: "A Music Night for our Pets"
   • Project Manager: [Student Name]
   • Date: [Date of the status report]
2. Executive Summary:
   • Brief overview of the project's current status
   • Summary of key achievements and challenges faced
   • High-level assessment of project performance against schedule and budget
3. Project Overview:
   • Provide a concise description of the project and its objectives
   • Mention any recent changes or updates to the project, such as the name change to "A Music Night for our Pets"
4. Accomplishments:
   • List the major milestones, tasks, or activities completed since the last status report
   • Highlight any significant accomplishments or successes
5. Key Issues and Challenges:
   • Identify and describe the main issues, challenges, or risks encountered during the reporting period
   • Focus on the problem with the entertainment cost exceeding expectations
   • Include details about the impact of these issues on the project's schedule, budget, or overall success
6. Schedule and Budget Status:
   • Provide an update on the project's schedule and budget
   • Indicate if the project is behind or ahead of schedule and explain the reasons for the deviation
   • State the estimated budget variance and explain any significant budgetary changes
7. Action Plan:
   • Outline the steps or actions being taken to address the identified issues and challenges
   • Specifically address the entertainment cost issue and any actions being taken to mitigate its impact
8. Next Steps:
   • List the upcoming tasks, milestones, or activities that need to be accomplished
   • Mention the items from the provided To-do list, such as sending the deposit cheque to the restaurant, sending the status report to the Project Sponsor, purchasing decorations for the event, and sending out thank-you notes
9. Risks and Mitigation:
   • Identify any potential risks or uncertainties that may impact the project in the future
   • Provide a brief overview of the strategies or plans in place to mitigate these risks
10. Conclusion:
    • Summarize the overall status of the project
    • Highlight any significant achievements or milestones reached
    • Mention the support or resources needed to ensure project success