COST AND FUNDING REQUIREMENT FOR MOOLOOLABA HOLIDAY PARK PROJECT
1.1 TIMING OF COST MANAGEMENT ACTIVITIES
The cost management activities for the said project would be taken up for a considerable duration of time from May, 2017 to February, 2018. The detailed citation of the timing are as follows –
The cost baseline graph shows that the project has an estimated cost worth $ 37,000 giving the trend of the increasing level of the expenditures trend in alignment to the time period –
Funding Requirement –
Cost Baseline Expenses
Project Clean up 700 800
Documentation 850 1050
Designing 6000 4000
Human resources 4500 3000
Construction 11550 13000
Procurement of supplies and equipment 13400 14000
Total Cost Baseline 37000
From the chart it is clear that the expenses are on a rise with the project requirement standing the total expenses worth $ 37,000.