Estimating Cost

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Travel Excursion Estimating Cost

You’re planning a two-week excursion with your significant other (and or your best friend). Your destination locations are as follows: Istanbul, Cairo, and Maldives. Your budget for the entire trip (for both of you – 2 people) is $11,000 in total. Use what you’ve learned in the course thus far to decide on a destination. Answer the following question:

1. How would you go about making a decision using project management methodology?

2. Looking first at cost, what decision would you make?

3. After cost, what other factors should be considered before making a decision?

You will outline your estimate with all associated cost for each location. Keep in mind this is an estimate (detailed estimate). You will decide your destination after capturing all costs for each location. Each item cost must roll up to a total cost. No Attachments.

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