Task 2 ONLY

Running Case You and your team are continuing your work on the Global Treps Project. Your project sponsor, Dr. K., has asked you to refine the existing cost estimate for the project so you can evaluate supplier bids and have a solid cost baseline for evaluating project performance. Recall that your schedule and cost goals are to complete the project in six months for under $120,000. You planned to use up to $50,000 total to pay yourself and your team members, and your initial estimates were $30,000 for travel expenses, $20,000 for hardware and software, and $20,000 for organizing four events, including consultants, legal business fees, etc. 2. Using the cost model you created in Task 1, prepare a cost baseline by allocating the costs by WBS for each month of the project. Cost Estimate Project Name:Moon subin Note: Enter your WBS, hours, labor rates, etc. Add/delete rows and columns as needed and check all formulas (bolded below). # Units/Hrs. Cost/Unit/Hr. Sub totlas wbs Level 1 totals! % of Total WBS Categories 1. Project Management $ 44,000 22% Project manager 320 $100 $ 32,000 Project team members 200 $60 $ 12,000 2. Requirements Definition 150 $60 $ 9,000 $ 9,000 5% 3. Web site Design $ 36,000 18% 3.1 Registeration for recreational proc. 150 $600 $ 150 3.2 Registration for classes and progr 150 $300 $ 150 3.3 Tracking system 150 $400 $ 150 3.4 Incentive system $400$ 150 4. Web site development $ 72,000 36% 4.1 Registation for recreational programs 300 $60 $ 180,000 4.2 Registration for classes and programs 300 $60 $ 180,000 4.3 Tracking system 300 $60 $ 180,000 4.4 Incentive system 300 $60 $ 180,000 5. Testing 250 $60$ 15,000 $ 15,000 8% 6. Training, Roll Out, and Support 4001 $60 $ 24.000 $ 24,000 12% Total 200,000 1.01 150 Assumptions