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Costing the Project 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.
? Using the project schedule you created as a group, identify the resources you will
use and what conflict

s that may form (in Word).REQUIREMENTS
aiu  MGMT 435  PROJECT COST AND TIME MANAGEMENT description 5 Answer Preview…………..A marketing budget is important as it helps to focus on the specific goals of the organization while minimizing the costs. There is need to consider the organization resources and the ability to operate within the timelines that the company makes as this guides the development of strategies and goals that are important in achieving the success in the reduction of costs. Having a detailed budget enables the operation of the company, and this helps in setting the right tactics that influence performance and that focus towards the achievement of success for the business. It is important to focus on the consumption measures that help in the development of change in the company and the resources required to meet the budget of the organization. In improving the competition in the international market, there is need to focus on the application of the domestic mailing costs and the changes that enable the success of the company in the new markets. Looking at the volumes of the mails will help in the adjustment of the costs to suit the needs of the organization and the analysis of change that the company needs to implement. The determination of the external and the internal costs is important as it assists in setting the company strategies and focusing towards success in the long run…………….APA 1430 words
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