Cost overrun needs to be calculated by end of this project in October. Initial budget of the project is $108400..
B Devices Integration of the new chip shipped from the Mid July qualified vendors. All costs are recorded as parts. Marketing plan and its execution. End of Aug Actions to obtain license requirement by the law. Early May D Promotion Licence Budget Summary Cost Item Rate 1 Labour $50/Hour 2 Parts $80/Device 3 Marketing $5,000/ 1 Legal Fee S2000 Quantity/Hour Total 4 months 1600 hrs/month ? 10. poo Devices ? 4 Month ? One time ? Accrual Monthly Bi-monthly End Beginning = May, you reported to Aman that the project was mostly likely to be delayed due to the -19 pandemic. Aman asked you to closely monitor the progress and provide him weekly 19C BI 99+ During June, you found that the vendors started delays in shipping needed devices due to the impacts to the global supply chains. In July, the project had missed a few major milestones since a few of your software developers got Covid and needed to quarantine and rest. In late July, on behalf of the sponsor, you called a meeting informing the major stakeholders that the project status was Red, and delay could not be avoided. In early August, the management team decided to delay the new product launch by 2 months. At the meeting, Manpreet, the Marketing Manager, asked for the progress of the real-time delivery feature. This is a feature that has been under development for two months but it wasn't completed due to its complexity. Aman advised to outsource this part of the project to an Indian company located in Bangalore, India. Manpreet and Kim both agreed with this decision. Although outsourcing the development of this feature would not delay the project any longer but the cost of this development, which was not estimated in the earlier project budget will be increased by $6000. You also realized that this was not the only extra cost added to the project. Two more months will definitely add labour cost to the project. The good news is that no vendor has the intention to increase the devices price, and the marketing cost won't be changed too. After the meeting, you took a deep breath and started updating several project documents, and wish that you can finish the project by end of October now. br.pdf Cost Calculator 4) EN 19C 99+ B Devices Integration of the new chip shipped from the Mid July qualified vendors. All costs are recorded as parts. Marketing plan and its execution. End of Aug Actions to obtain license requirement by the law. Early May D Promotion Licence Budget Summary Cost Item Rate 1 Labour $50/Hour 2 Parts $80/Device 3 Marketing $5,000/ 1 Legal Fee S2000 Quantity/Hour Total 4 months 1600 hrs/month ? 10. poo Devices ? 4 Month ? One time ? Accrual Monthly Bi-monthly End Beginning = May, you reported to Aman that the project was mostly likely to be delayed due to the -19 pandemic. Aman asked you to closely monitor the progress and provide him weekly 19C BI 99+ During June, you found that the vendors started delays in shipping needed devices due to the impacts to the global supply chains. In July, the project had missed a few major milestones since a few of your software developers got Covid and needed to quarantine and rest. In late July, on behalf of the sponsor, you called a meeting informing the major stakeholders that the project status was Red, and delay could not be avoided. In early August, the management team decided to delay the new product launch by 2 months. At the meeting, Manpreet, the Marketing Manager, asked for the progress of the real-time delivery feature. This is a feature that has been under development for two months but it wasn't completed due to its complexity. Aman advised to outsource this part of the project to an Indian company located in Bangalore, India. Manpreet and Kim both agreed with this decision. Although outsourcing the development of this feature would not delay the project any longer but the cost of this development, which was not estimated in the earlier project budget will be increased by $6000. You also realized that this was not the only extra cost added to the project. Two more months will definitely add labour cost to the project. The good news is that no vendor has the intention to increase the devices price, and the marketing cost won't be changed too. After the meeting, you took a deep breath and started updating several project documents, and wish that you can finish the project by end of October now. br.pdf Cost Calculator 4) EN 19C 99+
