Trade Shows provide the opportunity for a business to showcase their latest innovations, while generating new customers and networking with suppliers
BBS013-1 Assignment 001 – Project Management Theme
Practice Week Task: “Trade Shows provide the opportunity for a business to showcase their latest innovations, while generating new customers and networking with suppliers.”
Prepare an academic poster to present to a panel on the following topic:
Using an example of an IT Company based in Milton Keynes, UK, which provides software and technological solutions for warehouse automation and logistics, prepare a project proposal for the company to attend the London Technology and AI Trade Show in six months during the last week of August 2020.
You are a team of consultants preparing a proposal to pitch to the IT company for the right to run the project for them.
To be successful, you will need to consider all aspects of the event-management project and produce your poster in order to demonstrate the following:
An outline of your proposal
- Why exhibit at the trade show
- Demonstration of your understanding of managing an event
- Provisions for demonstrating their technology innovations, which could be:
- Software simulation for warehouse management
- Demonstration of Warehouse Robots
- Software simulations of tracking and routing solutions
- Etc
- How they will purchase space at the trade show
- How they will get there
- What materials will they need
- Staffing requirements – typical stands can accommodate 2 people per day
- An analysis of the benefits for the business of participating at a trade show
- Financial analysis, such as costs, potential ROI (return on investment)
- Stands start at £1500 per day (basic space for desk/electrics included)
- Stands including space to demo simulations are £3000 per day
- Please use researched and reasonable assumptions where appropriate
A project plan developed using project management principles:
- Project Plan Milestones – what needs to be considered and how would a company prepare for exhibiting and a suggested budget
- Define clear and achievable objectives (SMART)
- Analysis of types of investment needed
- Identify potential project stakeholders
- Example WBS - Work breakdown structure
- Gantt chart of the process a business would use to plan participation in a trade show
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