Question: Create a time based budget forecast for Anne Event Project This is Anne she owns an even planning business. The event she plans and manages

Create a time based budget forecast for Anne Event Project
This is Anne she owns an even planning business. The event she plans and manages ranges from life skills product lunches and wedding in the park. And require a lot of time, organisation, efforts, and resources in putting them together and ensuring their success. Everything that Anne does is driven by a schedule that has to be strictly managed using a said budget and resources without compromising on the quality of the outcome. Although stressful she is driven to make every event a success, Anne is currently working on the wedding and knows the key to success is ensuring the bride and groom are happy with everything on their special day. This usually takes 3 moths to plan, but this time around she only has 8 weeks. The couple is in a rush to get married and they dont have very clear ideas of what they want, the only thing they seem to be clear on is the wedding date of which they set, and they do not wish that date to change. During the start of the process Anne likes to get as much information as possible about the couple and their expectations. Apart from showing them previous examples of her successful work, she also encourages them to give details about how they invest their precious day to be like. Wedding Planning is not just about finding the right dress for the bride, and the right venue for the event it is also about setting small milestones and achievable goals to accomplish everything that need to be done within the given time frame. Among other things Anne arrange table settings, flowers, music, catering and wedding cake. Keeping the bride and groom involved throughout the way has to make the event success. Anne has a ultra when coming to running successful events. Failed communication means a failed project. (10) How you are going to use the time-based budget forecast in your project? (5) At a Cost Performance Index of 70%, what is your Estimate at Completion? (5)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!