Question: Given the following assumptions, develop a cost estimate that integrates all of the cost elements into a final bid price to the customer. Function points

 Given the following assumptions, develop a cost estimate that integrates all

Given the following assumptions, develop a cost estimate that integrates all of the cost elements into a final bid price to the customer. Function points in the project: 244 Software engineers assigned to this team: 5 Function point productivity per software engineer: 4 per month Workdays per typical month: 22 Productive hours per typical workday: 8 Gross hourly wage rate per software engineer (does not include fringe benefits): $50 per hour Overhead (fringe benefit other direct overhead) rate: 32% G&A rate: 11.5% Proposed profit: 10% What is the total cost to the customer for the project? Using the project information in problem above, how long will this project take to complete if 4 engineers are assigned to the project

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!