Prepare a budget

You have been recruited as Project Manager for the transformation and implementation of fraud management strategies for digital products in a bank.

You have completed the scope and now are entrusted with the task of preparing a high-level budget.

Total budget: USD$100,000

No of resources you can hire (not mandatory, but a minimum of 4 resources is required to meet the goals within the target): 4 (2 Junior Engineers, 2 Senior Engineers)

Time period: 1-Jan 31-Mar

Junior resource range per hour: USD$45 60

Senior resource range per hour: USD$65 -80

Contingency reserve: 3% - 8%

List out risks that you can anticipate for the project

Use a table to present the ideas.