The following outline provides a guide to your detailed Work Program and Project Budget development for a UNIVERSITY CAFETERIA

Please apply the guidelines relative to your particular group project.

1. Budget -$560,000.00 

Develop the project time-phased budget (using the estimated project cost you developed in Assignment #1, or a revised version), in line with the timeline derived from the Gantt Chart of the project obtained in question 2 above. Ensure to add the risk mitigation cost from Assignment #2, as well as an estimated management reserve, to your project budget. 30marks

Phase	Due Date
Waste and Recycle Management Program	01-Jul-24
Sustainable programs	01-Jul-24
Installation of the Kitchen Equipment	15-Jul-24
The development of the menu	15-Aug-24
Staff Hiring and Training	30-Aug-24
Staff members' proficiency	30-Aug-24
IT infrastructure setup	01-Sep-24
Point-of-Sale systems	01-Sep-24
Construction on the cafeteria building	30-Sep-24
Health and Safety compliance	01-Oct-24
Cafeteria Preparedness	01-Oct-24

 

1. Conclusion

Provide a summary discussion of the importance of these two project management tools in successful execution of your project according to plan.