Project Budget Cmgt 410

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Individual: Project Budget
Zack Wesley
CMGT - 410

Individual: Project Budget
To: Stakeholders
From: Zack Wesley
Date: 10/19/2012
Subject: Project Budget

This is a proposal for CIO manufacturing training exercises set to begin later this year. In this summary I will discuss milestones, project budget and duration for the budget to give an idea of what kind of time and resources will be needed to accomplish our goal of training our management on the new compliance system. The total duration of the training exercise will comprise 3 months. This will allow time for resources to be coordinated, training teachers to be hired and training software to be integrated. For one hardware purchases will need to be made to accommodate the number of people involved in the project and will then be used in the company so they are not going to waste. Estimated costs related to hardware investment will be the most expensive with an estimated 84000 going to hardware investment alone. Travel expenses will of course need to be accounted for as managers will need travel arrangements in place to attend training sessions. An estimated 6000 will be spent on accommodations and airfare for our management personnel. This will be followed by meal expenses for the span of time required will amount to an estimated 1500 for the time required. Instructor costs will of course be added in to account for their work required which is estimated at close to 800. Instructional materials will need to be handed out to allow employees to get better acquainted with the new system which will total close to 1000. Technical equipment will play a role in the training exercise such as projectors and others tools so the estimated total for these tools kits will be estimated at 1200. Certification will also play a role in the training process so that our managers will have their qualifications in place to use the new system which will total an estimated 225 dollars. The facility used to house the...
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