I will develop an application that focuses on our University students & faculty health needs for our university.

so, I want from you to answer these 3 questions, you can chose any numbers, cost from your mind.

Budget estimate (very high level)

1) Identify one-time project costs

2) identify recurring costs (costs that continue once project is implemented)

3) Identification of cost categories is more important than accuracy of actual cost estimates

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This is an "answer example" of what I want you to create, just see it and do something similar to it.

Budget Estimate:

i. Identify One-Time Project Costs:

The total of the one-time project costs will be around AED 324,700.

ii. Identify Recurring Project Costs: The total of the recurring project costs will be around AED 32,000. Further details will be

iii. Identification of Cost Categories: Starting with the one-time project costs, as mentioned before that it will cost AED 324,700.

This amount includes the hardware and software that will be purchased in order to complete this project, the salary gain of the team members, the risks management cost, and the training cost.

First, the hardware that will be used includes 50 computers which will cost AED 2000 each which makes it a total of AED 100,000 and 15 servers which will cost 3900 each which makes it a total of AED 58,500. So, the total cost for the hardware will be AED 158,500.

Second, the software that will be needed to complete this project is the application development software and 5 licenses which will cost AED 29,300, our team will also need a Project Management software that will cost AED 700 per member which will be a total of AED 3500. So, the total cost for the software will be AED 32.800.

Third, our team members will be given a salary based on their jobs in the project. The project manager will have a monthly salary of AED 5000 which means that by the end of the project, the project manager will earn AED 30,000. The design engineer will have a monthly salary of AED 4000 which makes it a total of AED 24,000 at the end of the project. Both the system analyst and the software developer will receive the same exact amount, which is AED 3700 each, which means that by the end of the project each one of them will earn AED 22,200. The testing engineers salary will be AED 2500 per month and at the end of it, the testing engineer will earn AED 15,000. The total for salary will cost AED 113,400.

Fourth, we will train two employees from the police department on how to use the software that we developed. The cost for each of them will be AED 5000 which makes it a total of AED 10,000.

Fifth, the risk management will require a total of AED 10,000 to be able to manage any risks.

Moving on to the Recurring Costs, will include maintenance, marketing, and advancements. For the maintenance, it will require a cost of AED 20,000. For the marketing part, it will require AED 5000. And for making any advancements in the system after it has been implemented, the cost will be AED 7000.

So, to sum it up, the one-time project cost will be AED 324,700 and the recurring cost will be AED 32,000 which makes the project worth AED 356,700.