Assignment Cover Sheet

Course : 1301344 IT Project Management

Group No. : 2

Company Name : 7 up Cooperation Company

Project Name : Sabaidee At Chiangrai ( Walk Street )

Assignment No. : 5

Assignment Name : Project Cost Management

Assigned Date : 14 July 2010

Submitted Date : 21 July 2010

Team Member:

No. Student ID Student Name Remarks

1. 5131301003 Miss KittiyaSangkeaw
2. 5131301018 Miss MintaKhunphoem
3. 5131301019 Mr. MaythaPuijarurn
4. 5131301022 Miss WanwilaiNgamphookhieo
5. 5131301025 Miss SujanyaYotburut
6. 5131301049 Miss VichanardRittitum
7. 5231301019 Miss SudalukDokhom
 No. Activity Responsibility Duration Man-day Period (week)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

1 Initial
1.1 Select Project Manager Miss WanwilaiNgamphookhieo 1 1
1.2 Form Project Team Miss SujanyaYotburut 1 1
1.3 Develop Project charter Miss MintaKhunphoem 5 5
1.4 Project kick-off meeting Miss MintaKhunphoem 1 1
2 Planning
2.1 Develop Scope statement Miss WanwilaiNgamphookhieo 6 5
2.2 Create WBS Mr. MaythaPuijarurn 5 5
2.3 Identify and analysis information Miss MintaKhunphoem 5 5
2.4 Project management plan Miss SudalakDokhom 7 6
2.5 Project cost baseline Miss VichanardRittitum 3 3
3 Executing
3.1 Collect user requirements Miss KittiyaSangkeaw 5 4
3.2 Web site design Miss KittiyaSangkeaw 7 7
3.3 Web site creation Miss VichanardRittitum 18 16
3.4 Web site testing Miss VichanardRittitum 6 8
3.5 Web site developing Miss VichanardRittitum 15 15
3.6 Web site Roll-Out Miss VichanardRittitum 1 1
4 Monitoring and controlling
4.1 Verify scope Mr. MaythaPuijarurn 2 2
4.2 Performance project measurements Miss WanwilaiNgamphookhieo 2 2
4.3 Project management plan updates Miss SudalakDokhom 5 5
4.4 Improve Project document Miss MintaKhunphoem 10 13
5.0 Closing
5.1 Prepare final project report Miss SujanyaYotburut 7 8
5.2 Prepare final project presentation Miss WanwilaiNgamphookhieo 7 7
5.3 Complete the project

Activity Progress Mid – term Exam

Group 2 : Sabaidee At Chiangrai (Walking Street)

 Cost Estimating

Sabaidee At Chiangrai( Walking Street ) Project Cost Estimate Create July 15, 2010

# Units/day Cost/Unit/day Subtotal WBS Level 1Totals % of Total

WBS Items
1. Initial 6,300 7.39%
1.1 Select Project Manager 1 600 Bath 600
1.2 Form Project Team PM 1 600 Bath
Members 5 300 Bath 2,100
1.3 Develop Project charter 5 300 Bath 1,500
1.4 Project kick-off meeting PM 1 600 Bath
Members 5 300 Bath 2,100
2. Planning 7,200 8.45%
2.1 Develop Scope statement 5 300 Bath 1,500
2.2 Create WBS 5 300 Bath 1,500
2.3 Identify and analysis information 5 300 Bath 1,500
2.4 Project management plan 6 300 Bath 1,800
2.5 Project cost baseline 3 300 Bath 900
3. Executing 20,100 23.59%
3.1 Collect user requirements 4 300 Bath 1200
3.2 Web site design 7 300 Bath 2100
3.3 Web site creation 16 300 Bath 4800
3.4 Web site testing Members 8 300 Bath
Testers 16 350 Bath 7,200
3.5 Web site developing 15 300 Bath 4,500
3.6 Web site Roll-Out 1 300 Bath 300
4. Monitoring and controlling 30,800 36.15%
4.1 Verify scope 2 300 Bath 600
4.2 Performance project measurements 2 700 Bath 1400

Group 2 : Sabaidee At Chiangrai (Walking Street)

 4.3 Project management plan updates 5 300 Bath 1500
4.4 Improve Project document PM 13 600 Bath
Members 65 300 Bath 27,300
5. Closing 20,800 24.41%
5.1 Prepare final project report 8 500 Bath 4,000
5.2 Prepare final project presentation PM 7 600 Bath
Members 35 300 Bath 14,700
5.3 Complete the project PM 1 600 Bath
Members 5 300 Bath 2,100
Total Project Cost Estimate 85200

Group 2 : Sabaidee At Chiangrai (Walking Street)

 Cost Baseline

Sabaidee At Chiangrai( Walking Street ) Project Cost Estimate Create July 15, 2010
Task Jun-10 Jul-10 Aug-10 Sep-10 Total
1 Initial
1.1 Select Project Manager 600 600
1.2 Form Project Team 2,100 2100
1.3 Develop project charter 1,500 1500
1.4 Project kick-off meeting 2,100 2100
2 Planning
2.1 Develop Scope statement 1,500 1500
2.2 Create WBS 1,500 1500
2.3 Identify and analysis information 1,500 1500
2.4 Project Management Plan 1,800 1800
2.5 Project Cost Baseline 900 900
3 Executing
3.1 Collect User Requirements 1200 1200
3.2 Web site Design 2100 2100
3.3 Web site Creation 2100 2700 4800
3.4 Web site Testing 7,200 7200
3.5 Web site Developing 4,500 4500
3.7 Web site Roll-Out 300 300
4 Monitoring and controlling
4.1 Verify scope 600 600
4.2 Performance Project Measurements 1400 1400
4.3 Project management plan updates 1500 1500
4.4 Improve Project document 14700 12600 27300
5 Closing
5.1 Prepare final project report 4,000 4000
5.2 Prepare final project presentation 14,700 14700
5.3 Complete project 2,100 2100
Total 18900 14400 18500 33400 85200

Group 2 : Sabaidee At Chiangrai (Walking Street)

WBS category
1. Initial: Estimate based on compensation for project manager, project director and team members. The budget for this project suggested
using a labor rate of ฿300/day for the project manager ฿600/day for each team members.Therefore, the total costs for this category are ฿ 6,300
((3*600) + (7*300))

2. Planning: Estimate based on compensation for team members. The budget for this project suggested using a labor rate of ฿300/day for
each team members, based on working an average of 17 days for team member in planning category. Therefore, the total costs for this category
are ฿ 7,200 (24*300)

3. Executing: Estimate based on compensation for tester and team members. The budget for this project suggested using a labor rate of ฿
300/day for the tester and ฿300/day for each team members. Therefore, the total costs for this category are ฿20,100

4. Monitoring and controlling: Estimate based on compensation for project manager, project director and team members. The budget for
this project suggested using a labor rate of ฿600/day for the project manager and project director and ฿300/day for each team members.
Therefore, the total costs for this category are ฿30,800

5. Closing: Estimate based on compensation for project manager, project director and team members. The budget for this project
suggested using a labor rate of ฿600/day for the project manager and project director and ฿300/day for each team members. Therefore, the total
costs for this category are ฿28,000

Group 2 : Sabaidee At Chiangrai (Walking Street)