Inventory Management System Project Cost Estimate
Prepared by: Tenzin Wangda
Date: 11/3/2023
# Units/Hrs.
Cost/Unit/Hr.
Subtotals
WBS Level 1 Totals
% of Total
WBS Items
$218,250 45%
1.1 Project manager
450
$90 $40,500 1.2 Project team members
1350
$65 $87,750 Contractors
2000
45
$90,000 2. Hardware
$81,559 17%
40
$599 $41,930 6
$4,000 $24,000 10
1500
$15,000 2.4 Operating System
10
62.9
$629 3. Software
$12,250 3%
3.1 Software Development
40
$175 $12,250 $9,380 2%
5. Training and Support
$114,750 24%
5.1 Trainee cost (20 individuals)
60
$450 $27,000 5.2 Project Team members
1350
$65 $87,750 6. Reserves (10% of total estimate)
$45,000 9%
Total project cost estimate
$481,189 1. Project Management
2.1 Handheld devices (iPad 10th Gen)
2.2 Servers
2.3 Computers
4. Testing (10% of total hardware and software costs)
