Business Administration Special Development Needs

Question: Describe about the Business Administration for Special Development Needs. Answer: Introduction Organizations in the society do charity for the betterment of their organization and one such organization is the DBS bank, which is afinancial servicescorporation that raises more than $70,000 for charity for Club Rainbow in the year 2015 (Duran Sproule, 2012). Lock (2014) stated that business from supporting a charity is tax-deductible up to 50 percent of the Adjusted Gross Income and it also enhances their corporate social responsibility scores. In this assessment a company that is taken into taken into consideration is DBS Bank that raises a fund event for Rainbow Centre Singapore, which is a not-for-profit Organisation for children with disabilities and needs special developmental needs. These children suffer from autism, visual and hearing disabilities. This assignment comprises of the project scope statement, priorities and work down structure. Moreover, the cost estimation for organizing the charitable event will also be shown in the report and the assessment is finally wrap ped with an overall conclusion of the entire discussion. Project scope statement Project Objectives The purpose of the project is to raise enough funds of $100,000 for the special children and provide them high-quality education and helps in building Special Education (SPED) schools and Early Intervention Programme (EIP) centres. Deliverables A 1029 Square Feet place for hosting the charity show A food section where the guests and the disabled children came to attend the event A playground section, where different play event for these special children will be hosted Milestones Permit approved- 14th October Foundation Dispensed- 25th October The place selection, food arrangements, play section and playing accessories arrangements and inspection of the planning - 25th December Final inspection- 25th January Inauguration of the charity event- 12th February Technical Requirements Preparation for the charity projects- Goals for fundraising, targeting the audience, cause of the charity event and opening acharitable bank account. Promotion of the event- In this context, the DSB Bank has to promote the show to other people and let them aware of the event through social media sites, newspapers and television so that more people will attend the event. Arrangement for the event- A central place- Orchard Road to organize the event so that everyone can reach the place easily, checking of the adequacy of the place, types of payment to accept. In this case, the payment mode will be two types- donations box for cash payments and card payments. Lastly, to purchase necessary items for the purpose that is to buy infrastructural things for building a school for special children. Limits and exclusions A small area is selected for the event that may be not enough if the number of candidates exceeds 1000 for the event. The responsibility for the admission of the disable children is not the part of the host pf the event. The liability of the teaching staffs is not taken by the DSB Bank. The site work remains closed in the weekends as the workers also need holidays. Review with customers Local people Employee of the DSB Bank Parents and family members of the disabled children Project priorities Image 1: Project Priority Matrix (Source: Sharma et al., 2014) Time The charity event is time specific and is operational only for five days. Sharma et al. (2014) defines that the project manager has to take advantage of every possible opportunity so that the project completion time can be reduced. In this case, also, the project manager, consulted with experts and local event organizers so that they can use their experience for prepare the location ready for hosting the events. Several teachers from special schools are temporarily hired for the event so that they can entertain the disabled children. In this way, DSB bank does not have to research in every small detail as the work is distributed to the experience people in their field. Performance- Enhancement In this context, it can be said that in the five days, the finance organization makes the local people and the guest of the event to aware about the difficulty faced by the disabled children and more special schools need to be built for their advancements (Jones, 2014). The second and the third day will be allocated for the performances of these children so that their ability can be judged by the jury members of the events. In the fourth day, prize will be distributed and the parents are suggested the kind of education is effective for their children by the expert judges. In the last day, the amount raised by the event is donated to the Club Rainbow so that they can build new school and programs for these children. Cost- Accept Rojek (2014) defines that in order to get the best work done in a short interval of time; the budget has to be enhanced. In this case also, the DSB bank do not research by themselves about the best way to decorate the event and to is done by the event organizers and the judge of the shows are experts in psychology, who can understand the disables children better and this requires extra budget for their efforts; however, it ensures the effectiveness of the event. Work breakdown structure Image 2: Work breakdown structure (Source: Created by Author) A place to host an event An appropriate place to host the event and then decorate the place for the five days events so that maximum people can get are of the event and a minimum of 1000 people can be accommodated in the place with sufficient sitting arrangements. Major purpose The second section is the hosting of the major objective of the event that is to raise donation that further comprises of three proceedings- Making people aware of the difficulty faced by disable children, provide knowledge for betterment of their situation and then accept payments through donation box and cheques of a minimum amount of $100,000. Food for attendants In the food section, there will be confectionaries for children and vegetarian and non-vegetarian section will be there according to the food preference of the attendants. Promotion Promotions will be done through both conventional media like TV advertisements and newspapers and modern media like social networking sites. In this way, not only the elderly people can be targeted, who are not so familiar with the smart devices but it will also target the people in recent times that spent more times in their gadgets and internet (Lovejoy Saxton, 2012). Activities There will also be cultural events for children like outdoor games, art and dance along with the medical assistance for these children if anyone gets injured during the events. Cost Estimation and Time Phased Budget Requirements- The event is hosted for five days and each day require some cost that is paid by the DSB Bank to the Club Rainbow so that they can take effective step for the benefits of the disabled children that are suffering from life-threatening diseases. Cost Estimation Cost Per Day Total Cost For Five Days Place to host event $520 $520 X 5 = $2600 Accommodation for 1000 People $3500 $3500 X 5 = $17500 Food for the attendants $150 $150 X 5 = $750 Activities for children $1000 $1000 X 2 = $2000 Promotion of the event $700 $700 X 5 = $3500 Fees for the three judges $1550 $1550 X 2 = $ 3100 Fees for the five medical practitioners $1800 $1800 X 5 = $ 9000 TOTAL $38450 Table 1: Cost estimation for the charity event (Source: Created by Author) Time Phased Budget Chart 1: Time Phased Budget (Source: Created by Author) Conclusion The event that is considered in this assessment is the organization of the event that is a charity event organization for disabled people in the society. The organization DSB Bank is the leading financial brand of the Singapore and the major objective for hosting such event is to raise fund for the betterment of these children by building schools for them. The total estimated budget for the conducting the event is $ 38,450 while the target for attaining the fund is $100,000 so that a school can be built for giving proper education of those disable children. Moreover, the entire event is started from the 14th October and the process will be successfully executed to 12th February. These events include the place selection that can accommodate 1000 people including the special kids, their food and sitting arrangements and the judges for judging their activities and medical practitioners for their better health during the events was considered. Reference List Duran, R. E., Sproule, K. (2012). DBS Bank: Championing Change. Jones, M. (2014). Sustainable event management: A practical guide. Routledge. Lock, M. D. (2014). The essentials of project management. Ashgate Publishing, Ltd.. Lovejoy, K., Saxton, G. D. (2012). Information, community, and action: How nonprofit organizations use social media. 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