also be required to develop a project cost management plan that includes a project budget. This assessment is to be completed in the ETTC simulated work environment provided by KCBT. Resources Required: Access to textbooks/other learning materials Computer with Microsoft Office and internet access Conference Plan Brief (Appendix 1) Project Cost Management Plan Template (Appendix 2) Space for a meeting Role-play participant Access to ETTC meeting room Assessment Submission: Your assessor will advise you of the due date of these submissions. What evidence to Submit: (All evidence must be placed on this assessment sheet) Draft of Project Cost Management Plan Final Project Cost Management Plan Screenshots of evidence on research made on the venue, catering and Speaker’s travel/fare expenses to determine cost estimates Screenshot of the email with the draft of the Project Cost Management Plan attached Screenshot of the email with your final Project Cost Management Plan attached 170 Wellington Street, East Perth 6004, WA, Australia | Phone: (08) 9221 1261 | Fax: (08) 9325 1752 | | [email protected] Current Version: 3 Current Version Date: July 2019 Next Review: July 2020 PAGE NO: 3 3
BSBPMG514 Manage project costAssessment 2 Cost management plan projectAssessment Instructions: Carefully read the following case study. “Manager Networks”You are the Administration Manager for Manager Networks, an organisation that providesnetworking events for business people across Australia.The company runs regular networking events but has now decided to start an annualconference event focusing on an area of business considered to be of key importance.You have been asked to coordinate the conference project as the Project Manager. Youhave been provided with an initial Conference Plan Brief to assist you in determining theresource requirements. You will use this to develop a preliminary cost estimate, which youwill discuss and confirm at a meeting with the project team. Complete the following activities:1.Determine project costs Review the case study information and the Conference Plan Brief. As set out in the organisation’s policy and procedures, you are required toreview the work breakdown structure included in the conference plan brief and,for each of the tasks indicated, determine the resource requirements as well asthe associated costs. The organisation’s policy and procedures also stipulatethat you are to provide an estimate of costs using a bottom-up estimatingtechnique. You will need to use the Internet to research cost of some of the activitiesincluded in the work breakdown structure, as well as use the informationprovided in the conference brief. Use the Project Cost Management Plan Template found in Appendix to guideyour work.
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