DFM BUDGET
Phase I: Personnel Cost (5-6 months)
Employee Type
Jr. Project Manager
Jr. Software Manager
Jr. Hardware Manager
Jr. Financial Manager
Jr. Documentation
Specialist
Subtotal
Sr. Software Consultant IV
Sr. Hardware Consultant IV
Electrical Engineer
Consultant IV
Subtotal
Qty Employment
Duration
1
1
1
1
1
120
60
120
50
50
days
days
days
days
days
Yearly
Salary
Paid as
intern
$24,000
$24,000
$24,000
$24,000
$24,000
Employee
Cost
$7,920
$3,960
$7,920
$3,300
$3,300
$26,400
1
1
1
Based on
Salary.com
30 days
$87,756
50 days
$80,124
30 days
$86,235
$7,200
$11,000
$7,080
$25,280
Subtotal
Overhead – 40%
$51,680
$20,672
Total
$72,352
Phase I: Hard Resource Cost (5-6 months)
Hard Resource
Processing unit prototype
Car key remote with beeper
Number
Of Units
1
1
Price Per
Unit
$70
$60
Total
$70
$60
prototype
Accelerometer sensor prototype
Motion sensor prototype
Vibration sensor prototype
Temperature sensor prototype
Co2 sensor prototype
Subtotal
Dell Inspiron Advanced
3-D modeling software
Other software (e.g. MS Visio,
Quicken, etc)
Sensors housing
CPU housing prototype
Installation tools/equipment
Sensors cables (5 meters)
Electronic wires (100 inches)
Other supplies (tapes, screws, bolts,
etc)
Workstation (ODU Campus)
Dummy used car for testing
Misc.
Subtotal
Total
Phase I
Total Personnel Cost
Total Hard Resource Cost
Total
1
1
1
1
1
$50
$45
$35
$6
$19
$50
$45
$35
$6
$19
$285
2
1
$899
$695
$1,000
$1,798
$695
$1,000
6
1
$20
$40
$2,000
$10
$89
$500
$120
$40
$2,000
$70
$445
$500
$5,000
$10,000
Free
$5,000
$10,000
$20,668
7
5
1
$21,953
$72,352
$21,953
$94,305
Phase II overview: In phase II, we have to beta test our product in a
car, bus, suv, van, and pickup, total of 5 vehicles. So, the number of
sensors purchased is based on the number of vehicles.
Phase II: Personnel Cost (2 years)
Employee Type
Project Manager
Software Manager level II
Hardware Manager level II
Financial Analyst level II
Marketing Manager
Subtotal
Hardware Engineer IV
Hardware Engineer II
Hardware Engineer II
Hardware Engineer II
Hardware Engineer II
Software Engineer IV
Software Engineer II
Software Engineer II
Software Engineer II
Software Engineer II
Electrical Engineer IV
Assembly crew
Subtotal
Qty Employment
Duration
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
5
180
100
180
100
100
180
180
180
180
180
180
90
90
90
90
180
60
days
days
days
days
days
Yearly
Salary
Based on
Salary.com
$77,495
$62,227
$59,373
$55,069
$73,384
days
days
days
days
days
days
days
days
days
days
days
days
Based on
Salary.com
$80,124
$59,373
$59,373
$59,373
$59,373
$87,756
$62,227
$62,227
$62,227
$62,227
$86,235
$23,728
Employee
Cost
$38,160
$17,000
$29,340
$15,100
$20,100
$119,700
$39,600
$29,340
$29,340
$29,340
$29,340
$43,200
$15,300
$15,300
$15,300
$15,300
$42,480
$19,500
$323,340
Subtotal
Overhead – 40%
$443,040
$177,216
Total
$620,256
Phase II: Hard Resource Cost (2 years)
Hard Resource
Number Of
Price Per
Total
Units (for 5
vehicles)
Processing unit
Car key remote with beeper
prototype
Accelerometer sensor prototype
Motion sensor prototype
Vibration sensor prototype
Temperature sensor prototype
Co2 sensor prototype
Subtotal
Additional Dell Inspiron Advanced
Sensors housing
CPU housing prototype
Additional sensors cables (5
meters)
Additional electronic wires (100
inches)
Additional supplies (tapes, screws,
bolts, etc)
Used GMC School Bus (15-30
capacity)
Used Chrysler Voyager Van
Misc.
Subtotal
Total
Phase II
Total Personnel Cost
Total Hard Resource Cost
Total
Unit
5
5
$70
$60
$350
$300
6
10
60
10
14
$50
$45
$35
$6
$19
$300
$450
$2,100
$60
$266
$3,826
5
100
5
100
$899
$20
$40
$10
$4,495
$2,000
$200
$1,000
50
$89
$4,450
5
$500
$2,500
1
$12,000
$12,000
1
$6,900
$6,900
$10,000
$43,545
$47,371
$620,256
$47,371
$667,627
Phase III: Personnel Cost (6 months basis)
Employee Type
Project Manager
Software Manager level II
Hardware Manager level II
Financial Analyst level II
Marketing Manager
Subtotal
HR
Lobbyist
Technical Writer
Hardware Engineer
Manager
Software Engineer
Manager
Research/Test Engineer
(Hardware)
Research/Test Engineer
(Software)
Technical Support 1
Technical Support 2
Subtotal
Qty Employment
Duration
1
1
1
1
1
120
60
120
50
50
days
days
days
days
days
Yearly
Salary
Based on
Salary.com
$77,495
$62,227
$59,373
$55,069
$73,384
Employee
Cost
$7,650
$13,770
$14,040
$19,800
$26,560
$11,350
$20,680
$7,550
$8,670
$74,810
1
1
1
1
90
90
90
90
days
days
days
days
Based on
Indeed.com
$31,000
$56,000
$57,000
$80,124
1
90 days
$99,431
$24,480
1
90 days
$80,124
$19,800
1
90 days
$99,431
$24,480
1
1
180 days
180 days
$34,000
$34,000
$16,740
$16,740
$157,500
Subtotal
Overhead – 40%
$232,310
$92,924
Total
$325,234
Phase III: Hard Resource Cost (6 months basis)
Hard Resource
Number
Price Per
Total
Of Units
Workstation
Misc.
Advertising/Marketing budget
Office supplies
Additional office equipments
6
months
lease
Total
Unit
$1,000
$6,000
$150,000
$1,000
$10,000
$20,000
$150,000
$1,000
$10,000
$187,000
Phase III
Total Personnel Cost
Total Hard Resource Cost
Total
$325,234
$187,000
$512,234
Summary Phase I-III:
TOTAL BUDGET
Phase I
Phase II
Phase III
Total
$94,305
$667,627
$512,234
$1,274,166
Out Years (based annually)
Note: The research budget cost for the out years will depend on the
future technology. Its cost is only based on our prediction and
estimation. Misc. cost includes petty cash, traveling fees, any
unpredictable expenses, and others.
Out Year: Personnel Cost
Employee Type
Project Manager
Software Manager level II
Hardware Manager level II
Financial Analyst level II
Marketing Manager
Subtotal
HR
Lobbyist
Technical Writer
Hardware Engineer
Manager
Software Engineer
Manager
Research/Test Engineer
(Hardware)
Research/Test Engineer
(Software)
Technical Support 1
Technical Support 2
Subtotal
Qty Employment
Duration
1
1
1
1
1
120
60
120
50
50
days
days
days
days
days
Yearly
Salary
Based on
Salary.com
$77,495
$62,227
$59,373
$55,069
$73,384
Employee
Cost
$7,650
$13,770
$14,040
$19,800
$26,560
$11,350
$20,680
$7,550
$8,670
$74,810
1
1
1
1
90
90
90
90
days
days
days
days
Based on
Indeed.com
$31,000
$56,000
$57,000
$80,124
1
90 days
$99,431
$24,480
1
90 days
$80,124
$19,800
1
90 days
$99,431
$24,480
1
1
180 days
180 days
$34,000
$34,000
$16,740
$16,740
$157,500
Subtotal
Overhead – 40%
$232,310
$92,924
Subtotal
Total (multiply by 2 to get annual cost)
$325,234
$650,468
Out Year: Hard Resource Cost (annually)
Hard Resource
Number
Of Units
Workstation
6
months
lease
Misc.
Research Budget
Office supplies
Additional office equipments
Subtotal
Total (multiply by 2 to get annual
cost)
Est. Out Year
Total Personnel Cost
Total Hard Resource Cost
Total
Legal fee $1120 for us
$650,468
$474,000
$1,124,468
Price Per
Unit
Total
$1,000
$6,000
$1,000
$10,000
$20,000
$200,000
$1,000
$10,000
$237,000
$474,000