QUESTION 2 Mr. Lawrence, the Project Director has asked you to do some work on project estimation. The following are the estimated cost details regarding human resource, hardware, software and other expenditure required in software development project of the above IoT project. Typically, there are many resources, equipment and materials to be acquired. Cost and benefit analysis should be perfomed especially upon the purchasing, investment, profit and the return. In addition, all of these activities and requirements should have better observation especially on the risk and contingency plans. Estimated cost details: Project duration: 12 months Human resource requirement: The project requires one project manager, three system analysts, five programmers, one database administrator, one network engineer, one admin assistant and one Java consultant The staff rates are as follow: Project Manager - RM15,000/Month; ii) System Analyst - RM8,000/Month; ii) Programmer - RM4,000/Month; iv) Database Administrator - RM6,000/Month; v) Network Engineer - RM10,000/Month; vi) Java Consultant - RM15,000/Month And vii) Admin Assistant - RM3,000/Month. Hardware requirement: 1) 10 units of advanced IoT device-RM3,000 each. ii) 2 units of computer server - RM5,000 each iil) 1 unit of router - RM1,500 each Software requirement: D1 unit of SQL Server database engine - RM80,000 one time price ii) 10 units license of Microsoft office 2012 premium - RM3,000 per license iil) Star UML modeling tool - RM10,000 unlimited license Other requirement: i) Contingency - RM50,000 Intemet subscription fee - RM200/month a) Given the following Table 1- Project costing template, analyze the above estimated cost information and construct project costing using the template. 1 Table 1: Project costing template QUESTION 2 Mr. Lawrence, the Project Director has asked you to do some work on project estimation. The following are the estimated cost details regarding human resource, hardware, software and other expenditure required in software development project of the above IoT project. Typically, there are many resources, equipment and materials to be acquired. Cost and benefit analysis should be perfomed especially upon the purchasing, investment, profit and the return. In addition, all of these activities and requirements should have better observation especially on the risk and contingency plans. Estimated cost details: Project duration: 12 months Human resource requirement: The project requires one project manager, three system analysts, five programmers, one database administrator, one network engineer, one admin assistant and one Java consultant The staff rates are as follow: Project Manager - RM15,000/Month; ii) System Analyst - RM8,000/Month; ii) Programmer - RM4,000/Month; iv) Database Administrator - RM6,000/Month; v) Network Engineer - RM10,000/Month; vi) Java Consultant - RM15,000/Month And vii) Admin Assistant - RM3,000/Month. Hardware requirement: 1) 10 units of advanced IoT device-RM3,000 each. ii) 2 units of computer server - RM5,000 each iil) 1 unit of router - RM1,500 each Software requirement: D1 unit of SQL Server database engine - RM80,000 one time price ii) 10 units license of Microsoft office 2012 premium - RM3,000 per license iil) Star UML modeling tool - RM10,000 unlimited license Other requirement: i) Contingency - RM50,000 Intemet subscription fee - RM200/month a) Given the following Table 1- Project costing template, analyze the above estimated cost information and construct project costing using the template. 1 Table 1: Project costing template
