In the above Estimated Cost model: We are planning to complete the project in 300 hours with 1 Manager and 2 other Members with total cost of $66,000 allocated for Management of Project which is 33% of the estimated project cost. Allocation of $10,000 for requirement designing which is 5% of the total. Allocation of $32,000 for website designing which 16% of project cost and $37,000 for website development comes out to be 18.5% of total cost. We allocated $10,000 for testing and $5000 for training and support which is 7.5% in total. In last we reserves 20% of the total project cost for unpredicted changes the process which is $40,000 .