MN691 Research Methods and Project Design: Fleet management
Project Title: Fleet Management Research Project
Project Definition
Viden Consulting has the opportunity to design a hardware/software solution to provide a fleet management, tracking, booking and maintenance for the government sector.
The Project will focus on research for large corporate fleets, that is easily retrofitted to existing fleet vehicles requiring minimal power consumption requirements and installation overheads. The hardware solution will need to be supported by domestic data storage and retrieval services, that is accessible via a window based software interface.
Answer:
Project Budget
Budget calculation for human resources
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|
Resource Name |
Type |
Max. Units |
Std. Rate |
Ovt. Rate |
No of hours working |
Total cost |
|
Project manager |
Work |
100% |
$60.00/hr |
$0.00/hr |
104 hrs. |
$6240.00 |
|
Project planner |
Work |
100% |
$50.00/hr |
$0.00/hr |
112 hrs. |
$5600.00 |
|
Financial manager |
Work |
100% |
$40.00/hr |
$0.00/hr |
48 hrs. |
$1920.00 |
|
Risk manager |
Work |
100% |
$45.00/hr |
$0.00/hr |
88 hrs. |
$3960.00 |
|
IT manger |
Work |
100% |
$40.00/hr |
$0.00/hr |
368 hrs. |
$14720.00 |
|
Supervisor |
Work |
100% |
$45.00/hr |
$0.00/hr |
80 hrs. |
$3600.00 |
|
System analyst |
Work |
100% |
$40.00/hr |
$0.00/hr |
96 hrs. |
$3840.00 |
|
Developer |
Work |
100% |
$40.00/hr |
$0.00/hr |
264 hrs. |
$10560.00 |
|
Hr. manager |
Work |
100% |
$40.00/hr |
$0.00/hr |
24 hrs. |
|
|
Total human resource cost |
$51,400.00 | |||||
Detailed Budget calculation
|
Resources |
Cost |
|
Human resource cost |
$51,400.00 |
|
Software cost |
$50,000.00 |
|
Hardware cost |
$40,000.00 |
|
Maintenance cost |
$50,000.00 |
|
Others |
$50,000.00 |
|
Total cost of the project |
$241,400 |
Bibliography
Naldi, M., Nicosia, G., Pacifici, A. and Pferschy, U. Maximin fairness in project budget allocation. Electronic Notes in Discrete Mathematics, 55, pp.65-68, 2016.
Adafin, J., Rotimi, J.O. and Wilkinson, S. Risk impact assessments in project budget development: architects’ perspectives. Architectural Engineering and Design Management, 12(3), pp.189-204, 2016.
Serrador, P. and Pinto, J.K. Does Agile work?—A quantitative analysis of agile project success. International Journal of Project Management, 33(5), pp.1040-1051, 2015.
Thom-Manuel, O., Ugwu, C. and Onyejegbu, L. An Extended Agile Software Development Project Budget Model. International Journal of Computer Science and Software Engineering, 6(12), pp.306-314, 2017
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