Group Work in "Project Management"

6. The project budget – costs and finance
Main budget consists of following parts:
1. Groundwork;
2. Catering;
3. Transport for guests;
4. Entertainment
5. Risks;
All the costs described will be agreed and paid from the family side. They are ready to spend 5000 EUR.
Above are mentioned the core things which are calculated in the budget. Taking into account that the birthday party will be organized in museum, which will be sponsored by Riga Municipality, we will not have to pay any fees for the party’s place.
The first part of the budget is groundwork. The groundwork includes: negotiations with Museum, wish and guest list preparation, project plan creation and invitation preparation.
The second task is catering organization. Catering (food, drinks and birthday cake) will be organized by restaurant “B-Bārs”5. Prices are calculated per one person – EUR 20 per person. The restaurant also will provided dishes and staff. Menu will be matched by Grandmother and her family. There will be agreement between organizers and restaurant of the maximum total amount of the invoice.
For those guests, who neither have their own transport, nor they could travel as passengers with those guests who have cars, will be organized a mini-van with a driver, which would pick the guests up and deliver them to the celebration destination and then, after the party, they will be brought back home in safety and comfort.…