CheckPoint Estimating Resources

CheckPoint Estimating Resources - The cost for the...

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CheckPoint Estimating Resources Compose your response to the following scenario: You are managing a project and you have an $850,000 budget. For the project, your resources include four developers and one project manager. You can assume that the average workweek per person is 40 hours and that the developers earn $30 per hour while the project manager will receive $50 per hour. Without knowing the deliverables, estimate how long you can keep these resources with the budget you have.
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Unformatted text preview: The cost for the developers per hour at a rate of $30 per hour per developer comes to $120 an hour. The manager is $50 an hour. Together the cost per hour is $170 for all the labor mentioned. With a budget of $850,000, the project can withstand 5000 hours of labor alone. That is approximately 125 weeks at 40 hour per week. This only covers the cost of manpower. Without knowing any other cost variable, I cannot figure in other expenses....
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