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Conduct a budgeting analysis for IBM's new software development project. Estimate costs for hardware, software development, and employee training. Develop a comprehensive project budget and

Conduct a budgeting analysis for IBM's new software development project.

Estimate costs for hardware, software development, and employee training.

Develop a comprehensive project budget and timeline.

Analyze potential cost overruns and recommend strategies to mitigate risks.

Prepare a variance analysis report comparing budgeted and actual costs.

Cost Components

Estimated Costs ($)

Hardware

$30,000,000

Software Development

$40,000,000

Employee Training

$20,000,000

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