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PROJECT COST

We need to significantly reduce costs across all project phases. Here's a revised breakdown:
Research and Development:
 Market research: INR 500
 Concept development: INR 800
 Detailed design phase: INR 1,200
Component Procurement:
 Motors: INR 800
 Wheels: INR 400
 Frames and connecting rods: INR 800
 Other components: INR 600
Prototype Development:
 Prototype fabrication: INR 1,000
 Testing and iteration: INR 500
Finalization and Documentation:
 Final design adjustments: INR 300
 Documentation and technical specifications: INR 300
Manufacturing and Production:
 Manufacturing setup: INR 1,000
 Production costs (materials, labor, overhead): INR 1,500
Deployment and Integration:
 Installation and integration: INR 300
 Field testing and validation: INR 200
Training and Support:
 Training for operators and maintenance personnel: INR 200
 Support channels setup: INR 100
Miscellaneous Expenses:
 Contingency (10% of total project cost): INR 650
Closing Expenses:
 Project management and administrative costs: INR 400
 Final reporting and documentation: INR 200

Total Project Cost: INR 6,500


With these adjustments, we've managed to keep the project within the budget of INR
6,500. However, it's essential to acknowledge that some aspects of the project may need
to be simplified or scaled down to meet this budget, potentially affecting the scope or
quality of the final product. Additionally, careful cost management and prioritization will
be required throughout the project to ensure expenses remain within the allocated budget.

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