Project Costing wk4TeamB

Project Costing
Juan Avila, Joseph Richard, Marlon Morales, Kristopher Mellinger, Nicholas Offutt
CMGT 410
April 13, 2015
Patricia Anderson

Cost Allocating
Project Name: New Horizons
Scope: Procuring and installing hardware
Allocation of resources to project tasks (both labor and material)
To ensure a project remains within the boundaries of its allocated budget, it is imperative to follow a plan that reflects an achievable goal. Organization in this case is paramount to promote accurate spending as the project progresses through its milestones. The total budget for New Horizons has been set at $500,000.00 and has been divided into labor and materials. The following list identifies key personnel as well as the necessary materials to initiate the project. A flexible mindset must remain in order to adapt to future project demands. The Gantt chart will identify how the personnel, who will expend labor hours, will utilize the material to accomplish individual and team tasks.
Total project budget / $500,000.00
Labor
Programmer
Hardware installer
Purchasing agent
Customer support representative
Materials
Server
Software
Hardware installation tool kit
Tablet
Laptop
Docking station
Monitors
Smartphone

Human Resource
Material
Cost each
Qty
Programmer

$200.00
Server
$35,000.00
1
per hour
Software
$5,000.00
1

Laptop
$1,500.00
1 Docking Station
$450.00
1 Monitor
$300.00
2 Smartphone
$500.00
1
Hardware Installer

$100.00
Tablet
$1,000.00
1
Per hour
Software
$5,000.00
1

Hardware instal tool kit
$2,500.00
1 Smartphone
$500.00
1
Purchasing agent

$150.00
Laptop
$1,500.00
1
per hour
Docking Station
$450.00
1 Monitor
$300.00
2 Smartphone
$500.00
1
Customer support rep

$100.00
Laptop
$1,500.00
1
per hour
Docking Station
$450.00
1 Software
$5,000.00
1 Monitor
$300.00
2 Smartphone
$500.00
1

Cost estimates for project resources
Cost estimates are the one that could have a high risk over the project and it is the one