Budget Proposal: MGM Grand Hotel
Instructions:
Assignment by Teacher:
Create a program budget spreadsheet for a 35-person security department. In addition to maintaining current operations, the security manager would like to do the following:
Add a video surveillance system
Add an electronic keypad access system
Upgrade the perimeter fencing
Upgrade the communications system
Replace three security vehicles
Research at least three companies and use one or all of them to model your final budget. Include the following:
Labor
Operating costs
Facility costs
Equipment costs
Write a 1,400- to 2,250-word proposal that justifies the proposed budget. Include the following:
Salary increases or decreases
Operating increases or decreases
Highlights of the type of budget chosen
Justification of the type of budget chosen
Create a 10- to 15-slide Microsoft® PowerPoint® presentation as a formal presentation for the company’s chief executive officer. Highlight the budget’s benefits and your justifications. Include speaker notes on each slide for further explanation.
Format your proposal and presentation consistent with APA guidelines.
Team assigned breakdown:
Hey everyone. The instructor gave me the go-ahead for using a large hotel. The organization I have chosen is the MGM Grand Hotel. We will be using a line-item budget.
GOAL: “…the assignment will be to present to the hotel the security that would fit their needs and justify it on the budget spreadsheet, in the paper, and on the powerpoint.”
Each team member will write 230-375 words proposal and 2 pages on power point. Below is the proposed breakdown:
Part 1 – Team leader – JASON
Edit and compile paper; to include introduction and conclusion
Research company and provide any additional help
Part 2 – Line-item budget
Highlight Line-item budgeting in relation to company chosen to include justification, salary increases/decreases, and operating increases/decreases
Part 3 – Access control
Add an Electronic keypad access system & Perimeter fencing upgrade
Provide justification for each and include labor, operating costs, facility costs, and equipment costs
Part 4 – Surveillance – MARLIZ
Add a Video surveillance system and upgrade Communications system
Provide justifications for each and include labor, operating costs, facility costs, and equipment costs
Part 5 – Replacement of three security vehicles
Provide justification and include labor, operating cost, facility cost, and equipment cost
Part 6 – Presentation compiler
Ensure the presentation highlights the budget’s benefits and our justifications. Ensure speaker notes, and outline and summary slides are included.
Create a budget program spreadsheet for a 35-person security department based on group assignment information
*Using the information from team’s system costs and justifications might be helpful
*We are using a line-item budget
The portion that needs to be worked on:
Part 5 – Replacement of three security vehicles
Provide justification and include labor, operating cost, facility cost, and equipment cost
This will need to mirror a powerpoint which is also be requested upon.
Solution.
Proposal: MGM Grand Hotel
Part 5: Replacement of Three Additional Vehicles
Budget Proposal
At MGM Hotel, clients who want to hire rooms at the facility are required to pay a whopping $100 for a security deposit. As the CSO, I table a proposal that the security section at MGM must consider replacing the current security vehicles with new ones and also upgrade their GPS system. As the CSO at MGM, three vehicles at the facility need to be fully replaced with new advanced security vehicles. These vehicles will be used to enhance patrols at the facility efficiently. I table the following proposal that will effectively help in monitoring activities around the hotel.
Line- Budget for Vehicle Replacement
| Item | Amount projected |
| Additional Drivers (6) | (Enter Cost) |
| GPS installation | (Enter Cost) |
| Alarm Installation | (Enter Cost) |
| Maintenance of the replaced vehicles | (Enter Cost) |
- Labor Cost
Labor will amount to (Enter Cost per driver according to team’s agreed budget allocation to this section) for the three new drivers.
- Maintenance Cost
It is projected that maintenance cost will amount to (Enter Cost per driver according to team’s agreed budget allocation to this section).
- Equipment Cost
Equipment cost will include the cost of new vehicles, alarm installation and advanced GPS trackers. It is projected an amount of (Enter Cost per driver according to team’s agreed budget allocation to this section)
Justification
MGM Grand Hotel occupies approximately 5 acres of land. Therefore, patrols by security guards using automobiles are far much convenient (Fray, 2001). The current state of the security vehicles at MGM is average, and it does guarantee maximum security. This proposal provides a platform that will effectively ensure that the rate of robbery and theft is minimal at the facility. With the new, replace of security vehicles is also important to add three new drivers since the current recently complained about the lack of sleep. Therefore, adding three more drivers will enhance alertness during night and day patrols with 12- hour shifts (Borodzicz, 2005). Also, with GPS tracking and alarm system upgraded, the vehicle would be able to be monitored from the security control tower and at any incidence. Any crime that is taking place around the facility will trigger an alarm for help since the alarm is linked to the tower. Also, if the vehicle’s GPS is not within the required perimeter, the alarm will be activated. Such an improvement is essential such that security personnel operating the vehicles will be monitored fully to curb the problem of manipulation by criminals and also to halt the problem of improper use of facility security vehicles. Additionally, for maximum efficiency the vehicles should be serviced once a month to improve its functionality in the verge to make patrols more helpful and avoid engine breakdowns.
References
Borodzicz, E. (2005). Risk, Crisis and Security Management. New York: Wiley.
Collins, A. (2016). Contemporary Security Studies. New York: Oxford University Press.
Fray, J. J. (2001). Contemporary Security Management (2nd ed.). New York: Sage Publishers.