Management Final Report Essay Example | Topics and Well Written Essays - 3250 words

Management Final Report - Essay Example This report focuses on the presentation of all stages related with the organization of a musical event in Albert park (Australia). In order for the promoters of this project to have a clear view on the processes, the cost, the time frame and the resources required for the realization of this project it is required that a thorough analysis of all parts of this project is presented to them. In this context, specific elements (parts) of this project are particularly analyzed taking into account their importance for the development and the success of the project. Apart from that, general issues related with the music industry are also presented in order to explain the sequence of issues throughout the paper. Generally, it is suggested that the specific musical event is expected to have a significant success not only because of the region and the time chosen for its realization but mostly because no other similar event has been organized in the specific region for quite a long. On the oth er hand, specific efforts (as analyzed in the report below) have been made in order to keep the price of the tickets at low levels offering the chance to people of all financial status to participate in the event. Appropriate solutions are also offered for the effective handling of specific problems (like the quality of the programme, the monitoring of the event and the resolution of potential disputes throughout the particular event). One of the most challenging tasks for the people that organize these events is to arrange the appropriate distribution of resources available (for the realization of the relevant project) referring to supply chain management for all the stages of a particular musical event. Focusing on the necessity of supply chain management in modern business activities, Krishnan et al. (2001, 259) noticed that ‘supply chain management has become an important part of strategic planning in both large and