1:47 .ill 06 Budget Template_PMPG.... v Humber College, School of Applied Technology Cost Estimate Project Name: MeetFlix Team #: Date: 6/3/2 Note: Enter your WBS and costs each month. Add delete rows and columns as needed and check all formulas (bolded below) Month WBS Categories February March April May June July 1.0 Project Initiation August Total Cost 1.1.1 Define Objectives and scope of the project 3,000 3.000 1.2.1 Identify Stakeholders 2.000 2.000 1.3,1 Organize Kick-off Meeting 2.500 2.500 2.0 Planning 2.1.1 Establish Project Charter 2,000 2.000 2.2.1 Scope Management 1,090 2.2.2 Cost Management 1.000 1,000 1.500 1,000 1.500 2.2.3 Risk Management 1,090 7.000 1090 1090 1 500 1000 7.000 2.2.4 Resource Management 1000 1000 1000 5 500 2.3.1 Set up a Project Timeline 1500 1.500 2.4.1 Allot Budget Resources 1000 1.000 3.0 Market Research Survey 3.1.1 Analysing Competitors 1,060 1.000 906 2.90 3.1.2 Demographics of Users 1.000 1,000 3.500 3.1.3 Evaluating Market Trends 1.060 1.000 1,000 3,000 3.2.1 Identify the Audience 1090 1000 1000 3.3.1 Document Findings 3.000 1500 900 1000 3.400 4.0 Designing the Software 4.1.1 Database Design 2,090 2.000 2.000 2000 1.500 9.500 4.1.2 Structure of the System 960 2.000 3.000 2090 2.000 9.900 4.2.1 Design the UI 2000 2000 1000 2000 2000 9 000 4.3.1 Frombend Development 2000 2900 12.000 4.4.1 Backend Development 3000 1000 2000 2000 200 10.000 4.5.1 Integrate with Al 2000 2000 1500 2000 2000 5.0 Testing 9.500 5.1.1 Test Execution 2,000 1,000 2.500 5.2.1 Quality Assurance 1.500 2,060 2500 2000 9.000 3500 5.3.1 Fix Bugs 2000 3060 13.000 1500 1500 2000 1500 6.0 Promotion 2000 8.500 6.1.1 Branding 900 1,000 1.000 1,500 6.2.1 Press Release 1000 1.060 2,000 8,400 2000 1000 1,000 6.2.2 Media Outreach 1060 1500 1500 1000 1500 2000 9.900 6.3.1 Social Media Ads 900 1006 1500 20800 2060 1500 10,000 1500 1000 2000 9.400 6.3.2 Online promotions on website 1000 900 1000 900 1000 900 900 6.600 7.0 Closure 7.1.1 Evaluation and Review 1,000 1.000 7.2.1 Final report of the project 1.000 Sub Total Reserves 185.000 Total 18500 18500 12.300 39,300 29.900 34,800 28,000 28,800 30,400 203.500 *Reserves are all entered in month 12