Question: Prepare a one-page cost model for the project. Use the WBS developed in previous weeks and note any assumptions necessary to explain/justify the cost model.

Prepare a one-page cost model for the project. Use the WBS developed in previous weeks and note any assumptions necessary to explain/justify the cost model. Use the budget reported in Weekly Tasks #1 as a starting point and make any adjustments as necessary.

Budget:

Budget Information:

Budgeted: $600,000

Hardware Requirement: $90,000

Software Requirement: $110,000

Operation Cost: $200,000

Costs/labor costs: $200,000

1. Prepare

Choose the topic for project

Develop business strategies

Develop team contract

2. Planning

Develop three keys of project

Time

Scope

Cost

Prepare project charter

Develop project scope statement

Define object and target

Strategic for competitor

Design work breakdown structure (WBS)

Design Gantt chart

Develop cost model

Develop cost baseline

3. Executing

Content

Website Design

Home page

Buy (where you can show products)

Sell (information about seller book)

EtextsOnline (e-book)

Partners

About Us

Website development

Website test

4. Command

Update and finish project charter

Update and finish the scope statement

Update and finish Gantt chart

5. Control

Project presentation

Project report

Project website

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