Your investor has asked you to make an estimate of what it will cost to develop the app.

The
investor has also recommended an app designer who will help you with coming up with the
estimates.
The Designer’s billing rate is $80/hour and he will get a couple of freelance developer buddies
of his who will charge $50/hour.

Here is the information you have received from the Designer.

Deliverable Effort required

DESIGN
You (PM) plan to brainstorm with the Designer for 2 full
Design Concept days to come up with the design concept
The Designer will take 3 days full time to develop a
Prototype prototype
DEVELOPMENT
The designer will sit down with one of the developers
Detailed Design for 5 days and develop a detailed design
2 Developers will then develop the app in 10 days.
During this period, the designer will spend 50% of her
App Development time supervising the developers
The designer will spend 5 days to work out the data
Data linkages

Use the attached excel sheet to come up with a cost estimate for designing and developing the
app.