1. Create a project cost estimate and baseline budget:
HTC has contracted you to build out a state-of-the-art multimedia classroom for HTC. Assume the space is already built (i.e. you don't need to worry about any construction costs, except where those might be related to pulling cables and other such things). The project will need to be completed before the first day of the month prior to the next fall term. The classroom needs to include 20 high-end personal computers with appropriate software for HTC, a network server, internet access form all the machines, an instructor station, and a network-connected projection system.
a. Create a cost estimate and budget baseline model for the project. Be sure to include personnel costs associated with the project management for this effort.
b. Document the assumptions you made in preparing the estimate, and provide explanations for key numbers in the budget.