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Working on a project for a PM class and trying to come up with some numbers...

Working on a project for a PM class and trying to come up with some numbers to include in my project for math/budgeting. Is it possible to find ROI on a simple birthday party ? If the overall budget for the party per the client is 9000$, what sorts of numbers can be generated ? Planning is in a 6 week time frame and this is being planned by an ' event company ' that is fictional, so any additional numbers are open to imagination.

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Expert Solution

Below are my assumptions for the ROI calculation

Assumptions
No of guests 50
Cost of food/ guest 30
Cost of liquor/ guest 30
Total cost( Food + Liqour) 3000
Cost of cake 350
Cost of venue 1000
Cost of decoration 300
Cost of DJ 500
Cost of Photographer 300
Total cost (ex. Food & Liquor) 2450
Total Cost 5450
Profit 3550
ROI 39%

jeff jeffy answered 3 years ago
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