American InterContinental University Costing Estimates Project

User Generated

FY0626

Business Finance

American InterContinental University

Description

The project is progressing well, and you have now been asked if there is enough time and budget to create and distribute a new marketing mailing. This mailing will be focused on a new international marketplace, so the existing materials cannot be used as is. The materials will need to be translated (external resource), have different graphics applied, and use different colors. The cost for mailing internationally is twice the cost of the domestic mailing, and the volume is 200,000–250,000 addresses. A mailing list will be purchased for this mailing because it is a new market for the company.

You need to determine the costs of this mailing (internal and external). You also need to determine the resource requirements and identify any conflicts. Jennifer and you have a working session later this week to pull together the information.

  • In preparation for the meeting, create a worksheet (in Excel or another spreadsheet tool) that you can use to create the budget for the new mailing.
  • Pre populate the worksheet with the components of the estimate, and provide directions to Jennifer in a procedures document (in Word) on how to create a three-point estimate for the resulting budget.
  • Be sure to also include the internal costs.
  • Also, create a schedule that identifies the deliverables, activities, and resources to produce this mailing.
  • Justify your choices.

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Explanation & Answer

Attached.

Running Head: PROJECT COSTING ESTIMATES

Project Costing Estimates
Name
Instructor
Institutional Affiliation
Date

1

PROJECT COSTING ESTIMATES

2

In order to determine the total cost of this project, it is important to consider both internal
and external costing for the mailing marketing material to the new international market. In this
case, there is need to consider all the costing components including internal and external costing
components. The following are the determination of all costing components:
Schedule Activities
1. Because our existing materials cannot be used for this project, it is important to get a new
material properly designed in the language that is familiar to the target internal markets.
This is an external c...


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