Cmgt 410 Project Budget

Memo

To: Whom It May Concern

From: George P Pitts Jr.

Date: June 29, 2013

Purpose:

To offer quality training for the innovative inspection compliance system there will be essential expenses. This memo will present the ending budget suggestion these expenses include but are not limited to: wages, materials, travel expenses, and training materials. Steps have been put in place to decrease the total cost of the training but not at the cost of excellence or projected outcome of the plan.

HR Cost:

While the corporation has many internal resources that will be used to make this training effective but there are sure tasks that must be outsourced. The core resource embraces one resource from project management, two resources from the training department, two resources from human resources, and two subject matter specialist from the IT department. Outside resources include three resources from a printing company and two resources from a travel agency. The overall cost of the wages for the human resources to complete the being compliant training project total $9,700 dollars.

Material Resources Cost:

Material costs contain the supplies for training paperwork, note-taking supplies, and registering supplies. The supplies and printing budgets are projected at $1000.

Traveling Expenses:

The HR Department has recognized 25 supervisors that will be obligatory to join the training. The travel expenses will contain round-trip airfare, two night hotel stays, and transportation to and from the hotel. Airfare is projected at $250 per person for round trip economy tickets. Airfare costs total are projected at $6,300 dollars. Hotel room rates are projected at $125 at night based on single occupancy. The projected totals for hotel cost are $6,500. The transportation costs for the trainees is projected at $500 dollars a day totaling $1000 dollars. The general traveling costs are projected at $14,000 dollars.

Catering Expenses:

The catering and food fees include a per diem for...