Budget 2000 cost per speaker variances of up to 5 are allowed but must be

Budget 2000 cost per speaker variances of up to 5 are

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marketing (charity); marketing public relations. Budget : $2,000 cost per speaker; variances of up to 5% are allowed but must be reported; aiming at least 50% profit. Major project costs Outline the budget for the project using the following table. Projected costs Venue $350/hour (catering is included) – conference duration is 7 hours; include 2 hours for preparation time; approximately $3,150 in total. Speakers $2,000 per speaker (5 speakers in total) – $10,000 total cost; include accommodation and travel costs for 5 speakers – approximately $ 2500 Promotion (advertising) $ 2,000 in total Printing $ 900 in total Potential causes of increases in costs Describe at least three factors that need to be considered that would increase costs Accommodation and travel costs of speakers: Advertising/promotion costs: promoting materials (printing explain), find sponsors Absent speaker: Project cost control procedures Describe cost control management processes that will be followed. Complete the table below to show allowable variations in costs and approval requirements. Variations in costs Approval requirements Accommodation and travel expenses Get quotes; fill up Change Request Form; Sponsorship cancellation Contract cancellation fee Absent Speaker Get quotes; fill up Change Request Form
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