PRJM6001 Prepare a Budget of a Wedding in Indonesia - 550 Words

PRJM6001: Prepare a Budget of a Wedding in Indonesia (Essay Sample) Content: PRJM6001 PROJECT COST MANAGEMENTASSIGNMENT NO 1(Value 40%)- 2015 * Introduction:Under the given instructions the wedding of a girl is going to be budgeted in relation to wedding event that is to be conducted in the Bali Island of Indonesia. The budgeted costs of the event are required to be calculated as per the given the instructions. The costs include the trip expenses, Housing expenses and breakfast covering 40 persons that are expected to arrive from 4 different places of the world. At the same time, the wedding day expenses are also budgeted. The cost of expenses of trip, accommodation for 7 days and the breakfast, the 7 days lunch are budgeted as per the average of cost of life in the Bali island in Indonesie. The costs are budgeted in exclusion of the inflation and others fluctuations effects of the applicable prices. The Wedding day expenses are budgeted as per the general events in Bali. * Detailed budget showing all costs:First of all the expenses for round trips are budget for the guests that are expected to arrive from the 4 different places. Expenses are estimated as per the average prices in the island of Bali. As per the instructions given, only the breakfast expenses are required to be budgeted. The overall expenses of the guests that are travelling from the 4 different locations including the travelling, accommodation and breakfast expenses are budgeted as under:Guests Expenses ( Per Head) Guests Persons Travel Expenses (Round Trip) Accommodation Expenses (7 Days Break Fast (7 Days) UK Guests 8 750 43 28 USA Guests 6 870 43 28 Perth Guests 16 500 43 28 Sydney Guests 10 520 43 28 The wedding day expenses comprising of the meal expenses and beverages expenses as per the on the average rates in the Bali Island are estimated as under:Wedding Day Expenses ( Per Head) Wedding Hall  Meal for 2, Mid-range Restaurant, Three-course 11.2 Imported Beer (0.33 liter bottle) 2 Cappuccino (regular) 1.3 Coke/Pepsi (0.33 liter bottle) 0.3 W ater (0.33 liter bottle) 0.2 Total Per head expense 15 * Detailed cash flow:The detailed cash flow of the travelling expenses is as under:Guests Expenses (Total Cash Outflow) Guests Persons Travel Expenses (Round Trip) Accommodation Expenses Break Fast UK Guests 8 6000 344 224 USA Guests 6 5220 258 168 Perth Guests 16 8000 688 448 Sydney Guests 10 5200 430 280 Total 40 24420 1720 1120 Finally the detailed cash flow covering all...