Project: Indigenous Language Signage - Cost Baseline and Funding

This project report details the cost baseline and funding requirements for an Indigenous language signage project. The report includes a Work Breakdown Structure (WBS) with activities categorized across several months, detailing costs for each activity such as gathering information, sign board design, and installation. The project's financial planning includes a monthly total and cumulative total, providing a clear overview of resource allocation. Furthermore, it outlines the funding requirements for various project gates, including information gathering, design, manufacturing, transportation and delivery, installation, inspection, and project closing. The report also includes a management reserve and a total funding requirement. The report references relevant project management resources.

INCORPORATING INDIGENOUS LANGUAGE IN
CAMPUS SIGNS
COST BASELINE & FUNDING REQUIREMENTS
Version Number: 1.0
Version Date: 18/09/2017
Name of Student:
Student’s Number:
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COST BASELINE
WB
S Activities (Chung, 2017) February March April May June July August Septembe
r
Octobe
r
0 Incorporating Indigenous
language into campus signs
1 1 Gathering Information
1.1 1.1 Conduct Team
Engagement $1,000 $1,000 $1,000
1.2 1.2 Use online resources $1,000 $1,000 $1,000
1.3 1.3 Gather and meet with
Aboriginal people $1,000 $1,000 $1,000
2 2 Signage boards design
2.1 2.1 Preparation of working
drawings $2,000 $2,000 $1,000
2.2 2.2 Development of design $2,000 $2,000 $1,000
3 3 Installation
3.1 3.1 Manufacturing and
Transportation of Sign board $1,000 $2,000 $2,000 $2,000 $2,000
3.2 3.2 Installation of Sign boards $1,000 $2,000 $2,000 $2,000 $2,000
Monthly Total $3,000 $3,000 $7,000 $4,000 $4,000 $4,000 $4,000 $4,000 $4,000
Cumulative Total $3,000 $6,000 $13,000 $17,000 $21,00
0 $25,000 $29,000 $33,000 $37,000
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FUNDING REQUIREMENTS
Gate Funding Required
Information gathering gate $7,000.00
Designing gate $9,000.00
Manufacturing gate $7,000.00
Transportation & Delivery gate $2,000.00
Installation gate $9,000.00
Inspection gate $1,000.00
Closing & documenting gate $2,000.00
Management Reserve @ 10% $3,700.00
Total Funding Requirements $40,700.00
References:
Chung, E. (2017, April 11). Project Cost Management: Cost Baseline vs Budget for PMP Exam. Retrieved September 11, 2017, from edward-designer:
https://edward-designer.com/web/cost-baseline-vs-budget-for-pmp-exam/
[----- For Academic Purpose Only-----]

[----- For Academic Purpose Only-----]