5.3 Detailed description of assessment Based on the given project scenario, write a 5,000 words (excluding appendix and references) 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 £3,000 budget from the Faculty of Business, Greenwich University to organise a student presentation competition on the topic of ‘How to Lead a Sustainable Business in 2018’. All the students BUSI1329/1288, Project Planning and Management 201718 11 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 audience; 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 prizegiving ceremony is also needed at the end of the competition. In your project planning report, you are required to provide details of the following six tasks: 1. Prepare Project Scope Statement to state the project’s objectives, deliverables, technical requirements and milestones. 2. Prepare Work Breakdown Structure (WBS, to include at least 10 activities) for the project. 3. 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. 4. Explain who your stakeholders are and how would you manage them. 5. Discuss what your project risks might be and how would you manage them. 6. Explain how you would evaluate this project in terms of key project success factors.