Using the data below, create a time-phased budget for the project. Show how much the daily and cumalitative costs are for the project are, just as the monthly and cumulative costs are shown in the completed graph and gaant chart below

WBS Activity 1 1.1 1.2 1.3 12 2.1 12.2 2.3 2.4 13 3.1 3.2 3.3 3.4 Immediate Predecessor Weeks Operational definition Research literature 3 Identify and define terms 1.1 1 Obtain approval of definition 1.2 12 Target Selection Solicit partners for pilot 112 Hold brainstorming meeting 2.1 12 Identify characteristics of 2.2, 3.1 1 targets Obtain approval of partners 2.3, 1.2, 3.4 1 Question set Identify process group members Develop question set 2.3 14 Prototype and validate question 3.2 3 set Add partners Pilot process Schedule with target audience 2.4 Conduct beta test Process feedback from target audience Conduct pilot Analyze results 114 4.1 14.2 4.3 4.4 4.5 3.1, 2.1 3.4, 2.4 4.2 4.3 4.4 Duration in 13 2 12 12 22 Resource Becky Ann Clive Ann Becky Ann Clive Clive Ann Becky Becky Becky Clive Ann Clive Clive Hourly Cost $35 $60 $50 Hourly Cost $35 $60 $50 Hours per Week 30 30 20 WP 1221 WP 1222 WP 1231 WP 1232 WP 1233 WP 1241 WP 1221 ($10,000) WP 1222 ($10,000) WP 1231 ($45,000) WP 1232 ($20,000) WP 1233 ($15,000) WP 1241 ($20,000) Cost per month Cumulative cost $120K $100K $80K $60K $40K $20K 0 FEB MAR $10,000 $5,000 $5,000 $15,000 $20,000 $15,000 $35,000 APR $15,000 $30,000 $20,000 MAY JUN $15,000 $10,000 $10,000 $50,000 $25,000 $10,000 $85,000 $110,000 $120,000