PRJM 6001 - Project Cost Management Assignment

Assignment Task

Cost Estimating, Budgeting And Cash Flow

Aim

To understand and apply the processes of cost estimating and cash flow

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Details

You are a project manager with a conference organisation company who wants to run an international conference on project management in Melbourne, Australia. The project objectives are to provide the international community with project management knowledge and for your organisation to make a minimum 20 % profit.

The project sponsor for this project is Charlie Reynolds the Director of Conferences. In your first meeting with Charlie he discussed the scope of the project and asked you to submit a business case in a report format which provides an estimate, budget and cash flow and any conclusion/recommendations for the proposed conference.

The following outline scope statement was provided:

• 3 day International conference in Melbourne to be held in November 2024
• Three high-profile international keynote speakers in project management - one per day
• The rest of the programme to be filled with speakers from industry and academia presenting papers on Project Management
• Conference delegate accommodation and transport will be at their own cost
• A conference dinner (with entertainment) to be organised on the evening of the second day
• Expected attendance of delegates. 

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