| | XXX Project Cost Estimate |
| Prepared by: | Date: |
| Note: Change the WBS items and other entries to meet your project needs. This data is from Figure 7-1 of Schwalbe's text |
| Information Technology Project Management, Fourth Edition. Also make sure the formulas work properly based on the data you enter. |
| | # Units/Hrs. | Cost/Unit/Hr. | Subtotals | WBS Level 1 Totals | % of Total |
| WBS Items |
| 1. Project Management | | | | $306,300 | 20% |
| 1.1 Project manager | 960 | $100 | $96,000 |
| 1.2 Project team members | 1920 | $75 | $144,000 |
| Contractors (10% of software development and testing) | | | $66,300 |
| 2. Hardware | | | | $76,000 | 5% |
| 2.1 Handheld devices | 100 | $600 | $60,000 |
| 2.2 Servers | 4 | $4,000 | $16,000 |
| 3. Software | | | | $614,000 | 40% |
| 3.1 Licensed software | 100 | $200 | $20,000 |
| 3.2 Software development* | | | $594,000 |
| 4. Testing (10% of total hardware and software costs) | | | $69,000 | $69,000 | 5% |
| 5. Training and Support | | | | $202,400 | 13% |
| 5.1 Trainee cost | 100 | $500 | $50,000 |
| 5.2 Travel cost | 12 | $700 | $8,400 |
| 5.3 Project team members | 1920 | $75 | $144,000 |
| 6. Reserves (20% of total estimate) | | | $253,540 | $253,540 | 17% |
| Total project cost estimate | | | | $1,521,240 |
| * See software development estimate |
joshna
cost_estimate.xlsx
