11. Given the time-phased work packages and network, complete the baseline budget form for the project.Legend4455Preparemarketing3223BuildprototypeSoccer Toy Project62Assemble& test71Launch120DesignprototypeOrderpartsPrepareproductionIDDURESLSEFLFSLDescriptionBuildprototypeDesignprototypeBudget24301064303612206012345678910111213OrderpartsPrepareprodnPreparemarketgAssemble& testLaunchTotalCumulativeSoccer Toy ProjectDesign prototypeBuild prototypeOrder partsPrepare productionPrepare marketingAssemble & testLaunchTime-phased Budget ($000)WeekCost by Week ($000)1122345121010101610552216612606181812Lar66093_ch08_250-303.indd 28917/10/16 10:39 AMProject Management: The Managerial Process, Seventh Edition299 290 Chapter 8 Scheduling Resources and Costs12. The National Oceanic Research Institute is planning a research study on global warming in Antarctica. The 16-month network schedule is presented below. It is followed by budgets for each activity. Create a time-phased budget for the research project in the form provided.A3000Preliminaryplan33B2303Detailplan55C2527Hirestaf79G27613PlanetransportationGlobal Warming Antarctic Research ProjectMonths.... ($000)915F3729Purchaseclothing1012K310212Shipsupplies1315L115015Travel1616E17613Train814J114014Testequipment1515D1505Selectequipment66H5606Get customequipment1111I311011Additionalequipment1414Global Warming Antarctic Research Project Activity Time Phased Work Packages by Month ($000) Task Duration Budget 0 1 2 3 4 5 6A Preliminary plan 3 3 1 1 1 B Detail plan 2 2 1 1 C Hire staff 2 4 4 D Select equipment 1 5 5 E Train 1 3 3 F Purchase clothing 3 9 3 0 6 G Plane transportation 2 60 5 55 H Get custom equipment 5 36 5 5 10 10 6 I Additional equipment 3 20 10 5 5 J Test equipment 1 6 6 K Ship all supplies 5 15 3 3 0 0 9 L Travel 1 9 9 Total budget 172Lar66093_ch08_250-303.indd 29017/10/16 10:39 AM300Larson