Assignment Assignment 1
Title: Cost Estimating

Name: Aldev Caesar Syafinal Student Number: 15051543 Unit Name: Project Cost Management 642 Email Address: 15051543@student.curtin.edu.au Date Submitted: 8th of April2014

By submitting this assignment, I declare that I have retained a suitable copy of this assignment, have not previously submitted this work for assessment and have ensured that it complies with university and school regulations, especially concerning plagiarism and copyright.

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Introduction
A university in Perth is planning to hold an international conference on project management education. One of the university’s objectives is to provide the community with project management knowledge and education. Professor Jefferson who acts as a main sponsor of this conference has given the opportunity to me to make a cost estimating worksheet for the proposed conference with the following scope statement:       2-day conference to be run in January 2015 2 high profile international speakers Local speakers from within Perth Conference delegate accommodation will be at their own cost Conference Dinner with entertainment (first day only) Costs are based on an expected attendance of 200 delegates

There are a lot of items that needs to be put into considerations including the costs of venue, decorations, publicity, equipment hire, staff, gifts, list of program (international speakers, local speakers and entertainment) and catering. Those items are essential in order to run this international conference. The data are mostly collected and sourced from online whereas the cost of each items are only estimates and pessimistic estimation for expenses is used while optimistic estimates for income is used. Since this assignment only intended for preliminary cost estimates, further cost budgeting is