The following outline provides a guide to your detailed Work Program and Project Budget development for a
Question:
The following outline provides a guide to your detailed Work Program and Project Budget development for a UNIVERSITY CAFETERIA
Please apply the guidelines relative to your particular group project.
- Budget -$560,000.00
Develop the project time-phased budget (using the estimated project cost you developed in Assignment #1, or a revised version), in line with the timeline derived from the Gantt Chart of the project obtained in question 2 above. Ensure to add the risk mitigation cost from Assignment #2, as well as an estimated management reserve, to your project budget. 30marks
Phase | Due Date |
Waste and Recycle Management Program | 01-Jul-24 |
Sustainable programs | 01-Jul-24 |
Installation of the Kitchen Equipment | 15-Jul-24 |
The development of the menu | 15-Aug-24 |
Staff Hiring and Training | 30-Aug-24 |
Staff members' proficiency | 30-Aug-24 |
IT infrastructure setup | 01-Sep-24 |
Point-of-Sale systems | 01-Sep-24 |
Construction on the cafeteria building | 30-Sep-24 |
Health and Safety compliance | 01-Oct-24 |
Cafeteria Preparedness | 01-Oct-24 |
- Conclusion
Provide a summary discussion of the importance of these two project management tools in successful execution of your project according to plan.
Principles of Corporate Finance
ISBN: 978-0077404895
10th Edition
Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen