Global Solution Project Cost Estimate

Particulars #unit/hrs. Cost/unit/hr Subtotals WBS Level 2 % of Total

Totals
Labor Costs $50/hr $15,000
- Project 1 person $60/hr $7,200 48%
Manager
- Project Team 3 persons $45/hr $6,800 45%
Material Costs $5,000
- Technology $3,000 60%
- Research $2,000 40%
Other Costs $2,000
- Contingency $2,000 100%
Total Cost $22,000 100%

Global Solution Project Cost Baseline

WBS Items Months

1 2 3 4 5 6 7 8 9 10 11 12 Totals

Labor $1,50 $1,500 $1,500 $1,500 $1,50 $1,500 $1,500 $1,50 $1,500 $1,500 $1,500 $1,50 $18,000
0 0 0 0
- PM $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $7,200

- Team $900 $900 $900 $900 $900 $900 $900 $900 $900 $900 $900 $900 $10,800

Material $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $6,000

- Tech $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $3,600

- Research $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $2,400

Other $167 $167 $167 $167 $167 $167 $167 $167 $167 $167 $167 $167 $2,000

- $167 $167 $167 $167 $167 $167 $167 $167 $167 $167 $167 $167 $2,000
Contingency

Total $3,46 $3,467 $3,467 $3,467 $3,46 $3,467 $3,467 $3,46 $3,467 $3,467 $3,467 $3,46 $41,600
7 7 7 7

Global Solution Project Risk Register

No. Rank Risk Category Root Cause Triggers Potential Risk Probabilit Impact Statu
Description Responses Owner y s
R44 1 Technical TechnologyInsufficient Integration Hire John Medium High Open
Challenges expertise in difficulties experienced Smith
older technical
technology consultants
R21 2 Budget Financial Inaccurate Unforeseen Reevaluate Jane High Medium Open
Overrun cost expenses project scope Doe
estimation and resources
R7 3 Stakeholder Stakeholder Lack of Negative Increase Mike Low High Open
Resistance stakeholder feedback communication Johnson
engagement from and
stakeholder engagement
s efforts