Project Name Drone Delivery Prototype for Wilmont

Revision No. 1,0

Revision Date 27-08-2021
Cost Estimate Labor Hours All in Labor Rate ($/hr) Labor Costs Expenses Material Costs Rental Total Costs Not
Equipmen es
t Costs

Overall project 4380 $ 4,04,100.00 $ 2.000,00 $ 92.136,00 $ $ 4,98,236.00 (1)

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1.1 Initation
1.1.1 Define scope and boundaries 80 $ 255,00 $ 20.400,00 ` $ 20.400,00 (3)
1.1.2 Identify and engage stakeholders 1640 $ 55,00 $ 90.200,00 $ 90.200,00 (2)
1.1.3 Draft contract and get signatures 120 $ 320,00 $ 38.400,00 $ 1.000,00 $ 39.400,00 (4)
1.1.4 Collect and consolidate resources 160 $ 55,00 $ 8.800,00 $ 8.800,00 (2)

1.2 Planning (5)

1.2.1 Draft scope statement 80 $ 55,00 $ 4.400,00 $ 4.400,00
1.2.2 Time management plan 160 $ 55,00 $ 8.800,00 $ 8.800,00
1.2.3 Risk management plan 120 $ 55,00 $ 6.600,00 $ 6.600,00
1.2.4 Plan communications 120 $ 55,00 $ 6.600,00 $ 6.600,00

1.3 Systems development

1.3.1 Procure materials and software 240 $ 180,00 $ 43.200,00 $ 72.136,00 $ 1,15,336.00 (6)
1.3.2 Interface communications 100 $ 155,00 $ 15.500,00 $ 15.500,00 (7)
1.3.3 Interface online entry 160 $ 155,00 $ 24.800,00 $ 24.800,00 (7)
1.3.4 Customise flight operations/delivery 80 $ 65,00 $ 5.200,00 $ 5.200,00 (8)
1.3.5 Custom drone construction 160 $ 145,00 $ 23.200,00 $ 23.200,00 (9)
1.3.6 Customise package carrier 160 $ 145,00 $ 23.200,00 $ 23.200,00 (9)

1.4 Testing
1.4.1 Packaging test 160 $ 145,00 $ 23.200,00 $ 23.200,00 (9)
1.4.2 Flight path engineering/testing 120 $ 145,00 $ 17.400,00 $ 17.400,00 (9)

1.5 Operating deliveries

1.5.1 Pharmacy Mangers' delivery 80 $ 55,00 $ 4.400,00 $ 1.000,00 $ 5.400,00 (10)
1.5.2 Orders and flight operations 160 $ 65,00 $ 10.400,00 $ 10.400,00 (8)
1.5.3 Business analysis 200 $ 50,00 $ 10.000,00 $ 10.000,00 (11)
1.5.4 Drone maintenance and repair 200 $ 35,00 $ 7.000,00 $ 20.000,00 $ 27.000,00 (12)

1.6 Closeout
1.6.1 Performance analysis 40 $ 255,00 $ 10.200,00 $ 10.200,00 (3)
1.6.2 Project report 40 $ 55,00 $ 2.200,00 $ 2.200,00 (2)
1.6.3 Documentation 20 $ 55,00 $ 1.100,00 $ 1.100,00 (2)

Estimate Basis Notes:

(1) All in Labor Rate is based on the total of the hourly rates of the people involved. Hourly rates based on data recorded in the project description document
(2) Based on the Hourly rate of the project manager alone
(3) Hourly rates of the CEO and project manager
(4) Hourly rates of the CEO, project manager and corporate attorney. Expenses are alloted for organising a meeting with Wilmont's key stakeholders
(5) Only the project manager is involved in this section of the project
(6) The project manager, IT project lead and flight operations manager are involved. Cost for drones: 4 x $18034
(7) Total hourly rate of the IT team
(8) The flight operations manager coordinates with his counterpart at Wilmont's
(9) Total hourly rate of the Engineering team headed by the flight operations manager
(10) The project manager coordinates with the phamacy managers. Expenses considered for travelling and organising training sessions
(11) Based on hourly rate of the business analyst
(12) Based on hourly rate of Drone technician
* The WBS for the project is attached below for reference