PRJM 6001 - Project Cost Management - Cost Estimating and Cash Flow - Assessment Answer

PRJM 6001 - Project Cost Management - Cost Estimating and Cash Flow - Assessment Answer

Task:

You are a project manager with an events organisation company who is considering running a 2 day out door music festival. The project objectives are to provide the public with a music festival featuring international and local bands and DJ’s - and for your organisation to make a minimum 25 % profit.
The project sponsor Charlie Reynolds the Director of your company Entertainment Events. 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 music festival.

Your submission must contain the following sections:
1. executive summary including any conclusions and recommendations.
2. a detailed list of the contents of the estimate and the respective costs. All sources of cost information must be provided through embedded screen shots. No intense research is required in arriving at the dollar amounts – sources must not be contacted directly ie no phone calls enquiring about costs etc. Reasonable costs through web page information will suffice and should be easy to obtain given that this is not a unique project. A clear and full explanation of the scope of each item (ie quantity, type, etc) must be provided (including any necessary calculations required to arrive at the cost) and a cost per ticket.
3. a detailed budget from the 1 st August 2019 until final project completion, showing the estimated costs allocated across each of the months in the project life cycle. The budget must be set out in the form of a spreadsheet.
4. a detailed cash flow indicating all costs and revenues from 1 st August 2019 to the end of the project including working capital requirements based on market related ticket prices and sales.
5. Conclusion and recommendations (note your assignment may prove that the music festival is not feasible – Marks will not be deducted as long as there is evidence to support your recommendatio)

This PRJM 6001: Project Management Assessment has been solved by our experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.