WILMONT’S PHARMACY DRONE CASE- COST ESTIMATE

Submitted by: Hemanth. C. Reddy, 191454

1 Drone Delivery Prototype (total Fixed costs (in $) Material costs (in $) Total costs (in $)
Budget-$1750000)
1.1 Initiation (allotted budget $
250000)
1.1.1 Evaluation & Recommendations 2000 5000 7000
1.1.2 Develop Project Contract 5000 2000 7000
1.1.3 Submit Project Contract 5000 9000 14000
1.1.4 Project Sponsor Reviews Project 100000 40000 140000
Contract
1.1.5 Project Contract Signed/Approved 2000 5000 7000
1.2 Planning (allotted budget $
250000)
1.2.1 Create Preliminary Project Scope 4500 7000 11500
1.2.2 Determine Project Team 5000 8000 13000
1.2.3 Project Team Kickoff Meeting 2000 9000 11000
1.2.4 Develop Project Plan 4500 8000 12500
1.2.5 Submit Project Plan 7000 5000 12000
1.2.6 Project Plan Approval 9000 10000 19000
1.3 Execution (allotted budget $
1000000)
1.3.1 Project Kickoff Meeting 4000 8000 12000
1.3.2 Verify & Validate User 5000 7000 12000
Requirements
1.3.3 Design System 6000 9600 15600
1.3.4 Data Interface 9000 7800 16800
1.3.5 Interface Flight Operations 8000 8500 16500
1.3.6 Interface Online Order Entry 8547 9500 18047
1.3.7 Interface Communications 8458 7800 15002
1.3.8 Information Security 4785 9000 13785
1.3.9 Procure Hardware/Software 7000 8000 15000
1.3.10 Install Delivery System 8000 6000 15000
 WILMONT’S PHARMACY DRONE CASE- COST ESTIMATE
Submitted by: Hemanth. C. Reddy, 191454
1.3.11 Testing Phase 30000 50000 80000
1.3.12 User Training 8000 2541 10541
1.3.13 Go Live 9000 2510 11510
1.4 Control (allotted budget $
250000)
1.4.1 Bi-Weekly Project Status 10000 5000 15000
Meetings
1.4.2 Quarterly Key Stakeholder 15000 5000 20000
Meetings
1.4.3 Approval Points 2000 2000 4000
1.4.4 Risk Management 1000 1000 2000
1.5 Closeout (allotted budget $
100000)
1.5.1 Audit Procurement 2000 1000 3000
1.5.2 Document Lessons Learned 1000 1000 2000
1.5.3 Update Files/Records 2000 1500 3500
1.5.4 Gain Formal Acceptance 1000 1000 2000
1.5.5 Archive Files/Documents 3000 2000 5000