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Prg Week 3 Individual

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Individual: Project Budget

CMGT/410
January 19,2015
Jim Kupferer

Individual: Project Budget MEMO: To: Branch Managers CC: From: Date: January 19, 2015 Re: Proposed Budget for Offsite Training Session

This memo is to inform all concerned of the budget needed for the upcoming proposed compliance training session. I will include estimates for all hardware, software, documents, airfares, transportation, accommodations, labor, and salaries of those attending the training. The first item on the budget will be the fees for the project manager. It is estimated it will take this person five days to set up the training session. The average salary for a project manager is $96,425 per year (glassdoor, 2014). If this is broken down for just the five days needed to prepare plus the two days of the training session, the estimated cost for the project manager is approximately $2600. Some equipment will need to be rented such as, a screen and projector to show slides during the meeting sessions. The cost for these items are $99 per day (Rental Projectors.Com, 2014), The item will need to be picked up the day before the training sessions and returned the next day. This means the equipment will need to be rented for four day at a cost of $396 and the cost of someone picking up the equipment and then returning it. The average wages for a delivery person is $13.35 per hour, (MyMajors, 2014), and it will take approximately two hours time to pick up the items and then another two hours return the items. This gives us a cost of $54 to have an employee pick up and deliver the projector and it accessories. Hopefully, all those attending will bring their company provided laptops, but laptops will need to be provided for those that either do not have one assigned to them or did not bring theirs with them. I

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