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Prepare a 1-page Cost Estimate in MS Excel for the project similar to the example provided below. Use the WBS items provided below, and be sure to document assumptions you make in preparing the cost estimate. Assume a labour rate of $100/hour for the project manager and $60/hour for other project team members. Assume twice those numbers for outsourced labour.

WBS items to use for Question

Project Management (internal) 
- Project manager

- Internal Team members

Requirements Definition

- Internal team

- Outsourced labour

Off-the-Shelf System Installation

- Internal team

- Outsourced labour

- Hardware

- Purchased software

System Customization

- Internal team 

- Outsourced labour

Testing

- Internal team

- Outsourced labour

Training, Roll Out, and Support

- Internal team

- Outsourced labour

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M9526372

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