COST MANAGEMENT FOR WILMONT DRONE PROJECT

REVISION : 1.0

DATE:04/04/2020

`
 Project Cost Baseline Period
1 2 3 4 5 6 7 8 9 10 11
Weeks in 4 week increments
Activities 1 to 4 5 to 8 9 to 12 13 to 16 17 to 20 21 to 24 25 to 26 27 to 30 30 to 34 34 to 38 38 to 42 Totals
1 1. Drone Delivery system for 
Pharma product

1.1 Initial Planning with Wilmont
1.1.1 Requirement meetings & Sign off 
deal $      4,400.00 $      4,400.00
1.1.2 Project Chatter Statement approval
$      4,000.00 $      4,000.00
1.1.3 Risk management plan & Mitigation
$         500.00 $         500.00
1.1.4 Fund & Resource allocation $         825.00 $      825.00 $      1,650.00
1.1.5 Legal compliance  $      1,300.00 $      1,300.00
$                ‐
1.2 DroneTech internal allocation and 
Approvals $                ‐
1.2.1   Internal meeting with Drone 
engineers and IT engineers $         550.00 $      550.00 $      1,100.00
1.2.2   Resource and fund distribution $      220.00 $       330.00 $         550.00
$          550.00 $                ‐
1.3 Drone Customization $                ‐
1.3.1   Procurement of Drone part $ 72,497.00 $    72,497.00
1.3.2 Procurement of Spare parts $          500.00 $    20,325.00
1.3.3 Assemble drone $   1,462.50 $      1,462.50 $      1,462.50 $     1,462.50 $      5,850.00
1.3.4 Change the color and logo of drone
$          525.00 $          525.00 $      1,050.00
1.3.5 Quality check and test of drone 
basic function $      1,125.00 $     1,125.00 $      2,250.00
$                ‐
1.4 Drone flight operation 
customization $                ‐
1.4.1   Flight within give area and path $      1,620.00 $  2,160.00 $   1,620.00 $              ‐ $                ‐ $      5,400.00
1.4.2  New drone clamp  to hold custom 
package $    5,400.00 $         350.00
1.4.3 customize delivery packaging $   1,350.00 $      6,750.00
1.4.4 Quality check and test of 
customized flight operation $      3,500.00
$      3,500.00 $                ‐
1.5 DroneTech Delivery system 
customization $                 ‐ $                ‐
1.5.1   Existing IT Delivery system needs to 
be customized so that it 
looks like a part of Wilmont $      500.00 $   1,250.00 $          750.00 $      2,500.00
1.5.2   Online & Smartphone request 
enablement. $       562.50 $          562.50 $                 ‐ $      1,125.00
1.5.3 Integration with Wilmont Online 
order system $          900.00 $          900.00 $                 ‐ $      1,800.00
1.5.4 Wilmont customer Data security, 
reliability, integrity check $      1,000.00 $     1,000.00 $      2,000.00
1.5.5 Validate and Test the changes $          675.00 $     1,575.00 $      2,250.00
$                ‐
1.6 Wilmont’s enhanced online order 
entry $                ‐
1.6.1  Wilmont should enhance the online 
order entry process $                ‐
1.6.2  Integration with DroneTech 
Delivery system $                ‐
1.6.3 Validate and Test the changes $                ‐
$                ‐
1.7 User Training $                ‐
1.7.1  Training to Pharma store managers 
$          900.00 $          900.00 $      1,800.00
1.7.2 Train staff for use of new Drone 
flight operation. $          900.00 $          900.00 $      1,800.00
$                ‐
1.8
System Integration and Validation $                ‐
1.8.1 Integrate the system $        675.00 $          675.00 $          900.00 $      2,250.00
1.8.2 Validate the system as a whole. $      1,125.00 $      1,125.00 $      2,250.00
$                ‐
1.9 Release  $                ‐
1.9.1 Provide Wilmont with new 
customized Drone. $       1,300.00 $      1,300.00
1.9.2 Provide Wilmont required 
documentation and support of 
running Drone and IT system $          200.00 $         200.00
Dron Maintain and repair work $      1,696.00 $      2,120.00 $          424.00 $      4,240.00
1.10 Project Closure $                ‐
1.10.1 Find the learning $          275.00 $         275.00

Total Incremental Cost per Period 13195 4255 79072 5250 5687.5 5162.5 6075 5075 5521 4145 2199 135637
Total Cumulative Cost 13195 17450 96522 101772 107459.5 112622 118697 123772 129293 133438 135637 271274
 160000 Cost Baseline
Total Incremental Cost per Period Total Cumulative Cost

140000

120000

100000
INCREMENTAL COST

80000

60000

40000

20000

0
1 2 3 4 5 6 7 8 9 10 11
PERIOD NUMBER
 Actual Cost Period
1 2 3 4 5 6 7 8 9 10 11
Weeks in 4 week increments
Activities 1 to 4 5 to 8 9 to 12 13 to 16 17 to 20 21 to 24 25 to 26 27 to 30 30 to 34 34 to 38 38 to 42 Totals
1 1. Drone Delivery system for Pharma 
product

1.1 Initial Planning with Wilmont
1.1.1 Requirement meetings & Sign off deal $      3,080.00 $       1,320.00 $      4,400.00
1.1.2 Project Chatter Statement approval $      3,600.00 $          400.00 $      4,000.00
1.1.3 Risk management plan & Mitigation $         500.00 $         500.00
1.1.4 Fund & Resource allocation $         825.00 $          825.00 $      1,650.00
1.1.5 Legal compliance  $         780.00 $          520.00 $      1,300.00
$                ‐
1.2 DroneTech internal allocation and 
Approvals $                ‐
1.2.1   Internal meeting with Drone engineers 
and IT engineers $         550.00 $          550.00 $      1,100.00
1.2.2   Resource and fund distribution $          220.00 $       330.00 $         550.00
$                ‐
1.3 Drone Customization $                ‐
1.3.1   Procurement of Drone part $ 43,498.20 $    28,998.80 $    72,497.00
1.3.2 Procurement of Spare parts $         500.00 $    20,325.00
1.3.3 Assemble drone $   1,462.50 $      1,462.50 $      1,462.50 $     1,462.50 $      5,850.00
1.3.4 Change the color and logo of drone $         525.00 $         525.00 $      1,050.00
1.3.5 Quality check and test of drone basic 
function $      1,125.00 $     1,125.00 $      2,250.00
$                ‐
1.4 Drone flight operation customization $                ‐
1.4.1   Flight within give area and path $         540.00 $       1,080.00 $                   ‐ $                ‐ $      5,400.00
1.4.2  New drone clamp  to hold custom 
package $         350.00
1.4.3 customize delivery packaging $   1,350.00 $      6,750.00
1.4.4 Quality check and test of customized 
flight operation $      3,500.00
$                ‐
1.5 DroneTech Delivery system 
customization $                ‐ $                ‐
1.5.1   Existing IT Delivery system needs to be 
customized so that it 
looks like a part of Wilmont $          250.00 $       250.00 $      2,000.00 $      2,500.00
1.5.2   Online & Smartphone request 
enablement. $       562.50 $         562.50 $                ‐ $      1,125.00
1.5.3 Integration with Wilmont Online order 
system $         900.00 $         900.00 $                ‐ $      1,800.00
1.5.4 Wilmont customer Data security, 
reliability, integrity check $      1,000.00 $     1,000.00 $      2,000.00
1.5.5 Validate and Test the changes $         675.00 $     1,575.00 $      2,250.00
$                ‐
1.6
Wilmont’s enhanced online order entry $                ‐
1.6.1  Wilmont should enhance the online order 
entry process $                ‐
1.6.2  Integration with DroneTech Delivery 
system $                ‐
1.6.3 Validate and Test the changes $                ‐
$                ‐
1.7 User Training $                ‐
1.7.1  Training to Pharma store managers  $      1,800.00
1.7.2 Train staff for use of new Drone flight 
operation. $      1,800.00
$                ‐
1.8 System Integration and Validation $                ‐
1.8.1 Integrate the system $      2,250.00
1.8.2 Validate the system as a whole. $      2,250.00
$                ‐
1.9 Release  $                ‐
1.9.1 Provide Wilmont with new customized 
Drone. $      1,300.00
1.9.2 Provide Wilmont required documentation 
and support of 
running Drone and IT system $         200.00
Dron Maintain and repair work $      4,240.00
1.10 Project Closure $                ‐
1.10.1 Find the learning $         275.00
Total Actual Incremental Cost per
Period 9875 5165 47453.2 34948.8 5687.5 5162.5 0 0 0 0 0 108292
Total Actual Cumulative Cost 9875 15040 62493.2 97442 103129.5 108292 108292 108292 108292 108292 108292 216584
Total Incremental Plan Cost per Period $   13,195.00 $      4,255.00 $ 79,072.00 $      5,250.00 $      5,687.50 $     5,162.50 $         6,075.00 $      5,075.00 $      5,521.00 $      4,145.00 $       2,199.00 $    135,637.00
Total Cumulative Plan Cost $   13,195.00 $    17,450.00 $ 96,522.00 $ 101,772.00 $ 107,459.50 $ 112,622.00 $     118,697.00 $  123,772.00 $  129,293.00 $  133,438.00 $  135,637.00 $    271,274.00
 Actual Cost
300000
Total Actual Incremental Cost per Period Total Incremental Plan Cost per Period Total Actual Cumulative Cost Total Cumulative Plan Cost

250000

200000

INCREMENTAL COST
150000

100000

50000

0
1 2 3 4 5 6 7 8 9 10 11 12
PERIOD NUMBER
 Project Earned Value Calculation Period
1 2 3 4 5 6 7 8 9 9 9
Weeks in 4 week increments
Activities 1 to 4 5 to 8 9 to 12 13 to 16 17 to 20 21 to 24 25 to 26 27 to 30 30 to 34 34 to 38 38 to 42 Totals
Total Earned  Total %  Total Earned  Total %  Total Earned  Total %  Total Earned  Total %  Total Earned  Total %  Total Earned  Total %  Total Earned  Total %  Total Earned  Total %  Total Earned  Total %  Total Earned  Total %  Total Earned  Total % 
Value Complete Value Complete Value Complete Value Complete Value Complete Value Complete Value Complete Value Complete Value Complete Value Complete Value Complete
1 1. Drone Delivery system for Pharma product
1.1 Initial Planning with Wilmont
1.1.1 Requirement meetings & Sign off dea $     3,080.00 70% $     1,320.00 30% $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        4,400.00
1.1.2 Project Chatter Statement approval $     3,600.00 90% $        400.00 10% $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        4,000.00
1.1.3 Risk management plan & Mitigation $        500.00 100% $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $           500.00
1.1.4 Fund & Resource allocation $        825.00 50% $        825.00 50% $        1,650.00
1.1.5 Legal compliance  $        1,300.00
$               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.2 DroneTech internal allocation and Approvals $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.2.1   Internal meeting with Drone engineers and IT engineer $        550.00 50% $        550.00 50% $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        1,100.00
1.2.2   Resource and fund distribution $        220.00 40% $          330.00 60% $           550.00
$                  ‐ 
1.3 Drone Customization $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.3.1   Procurement of Drone part $               ‐ $               ‐ $     43,498.20 60% $     28,998.80 40% $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $      72,497.00
1.3.2 Procurement of Spare parts $               ‐ $               ‐ $                 ‐ $     10,162.50 50% $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $      20,325.00
1.3.3 Assemble drone $               ‐ $               ‐ $       1,462.50 25% $       1,462.50 25% $       1,462.50 25% $       1,462.50 25% $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        5,850.00
1.3.4 Change the color and logo of drone $          525.00 50% $          525.00 50% $                 ‐ $        1,050.00
1.3.5 Quality check and test of drone basic function $       1,125.00 50% $       1,125.00 50% $        2,250.00
$               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.4 Drone flight operation customization $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.4.1   Flight within give area and path $        540.00 10% $     1,080.00 20% $        5,400.00
1.4.2  New drone clamp  to hold custom package $               ‐ $               ‐ $           350.00
1.4.3 customize delivery packaging $               ‐ $               ‐ $       1,350.00 20% $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        6,750.00
1.4.4 Quality check and test of customized flight operation $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        3,500.00
$                  ‐ 
1.5 DroneTech Delivery system customization $                  ‐ 
1.5.1   Existing IT Delivery system needs to be customized so that it 
looks like a part of Wilmont
$               ‐ $        250.00 10% $          250.00 10% $       2,000.00 80% $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        2,500.00
1.5.2   Online & Smartphone request enablement $               ‐ $               ‐ $          562.50 50% $          562.50 50% $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        1,125.00
1.5.3 Integration with Wilmont Online order system $               ‐ $               ‐ $                 ‐ $          900.00 50% $          900.00 50% $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        1,800.00
1.5.4 Wilmont customer Data security, reliability, integrity check $               ‐ $               ‐ $                 ‐ $                 ‐ $       1,000.00 50% $       1,000.00 50% $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        2,000.00
1.5.5 Validate and Test the changes $               ‐ $               ‐ $                 ‐ $                 ‐ $          675.00 30% $       1,575.00 70% $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        2,250.00
$               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.6 Wilmont’s enhanced online order entry $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.6.1  Wilmont should enhance the online order entry process $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.6.2  Integration with DroneTech Delivery system $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.6.3 Validate and Test the changes $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
$               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.7 User Training $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.7.1  Training to Pharma store managers  $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        1,800.00
1.7.2 Train staff for use of new Drone flight operation $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        1,800.00
$               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.8 System Integration and Validation $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.8.1 Integrate the system $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        2,250.00
1.8.2 Validate the system as a whole $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        2,250.00
$               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.9 Release  $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.9.1 Provide Wilmont with new customized Drone $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        1,300.00
1.9.2 Provide Wilmont required documentation and support of 
running Drone and IT system $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $           200.00
Dron Maintain and repair work $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $        4,240.00
1.10 Project Closure $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $                  ‐ 
1.10.1 Find the learning $               ‐ $               ‐ $                 ‐ $                 ‐ $                 ‐ $                 ‐ $              ‐ $                ‐ $                 ‐ $                 ‐ $                 ‐ $           275.00
Total Earned Value  $     9,095.00 $     4,645.00 $    47,453.20 $    44,611.30 $       5,687.50 $       5,162.50 $              ‐ $               ‐ $                ‐ $                ‐ $                ‐ $    116,654.50

Period 1 2 3 4 5 6 7 8 9 10 11 12
Total Actual Cumulative Cost 9875 15040 62493.2 97442 103129.5 108292 108292 108292 108292 108292 108292 216584
Total Cumulative Plan Cost $  13,195.00 $  17,450.00 $  96,522.00 $  101,772.00 $  107,459.50 $  112,622.00 $  118,697.00 $  123,772.00 $  129,293.00 $ 133,438.00 $  135,637.00 $ 271,274.00
Earned Value $     9,095.00 $     4,645.00 $  47,453.20 $     44,611.30 $       5,687.50 $       5,162.50 $                ‐ $                ‐ $                ‐ $               ‐ $                ‐ $               ‐
SPI 0.689276241 0.266189112 0.491630924 0.438345517 0.052926917 0.045839179 0 0 0 0 0 0
CPI $            0.92 $            0.31 $            0.76 $               0.46 $              0.06 $              0.05 $                ‐ $                ‐ $                ‐ $               ‐ $                ‐ $               ‐
 Earned Value
Earned Value Total Actual Cumulative Cost Total Cumulative Plan Cost

 $300,000.00

 $250,000.00

 $200,000.00

 $150,000.00

 $100,000.00

 $50,000.00

 $‐
1 2 3 4 5 6 7 8 9 10 11 12

SPI & CPI Chart
50000 1

45000 0.9

40000 0.8

35000 0.7
CP = 1 Right Budget
CP > 1 Under Buget
30000 CP < 1 Over Buget 0.6

25000 SP = 1 On Schedule 0.5

SP > 1 Ahead of Schedule
SP < 1 Behind Schedule
20000 0.4

15000 0.3

10000 0.2

5000 0.1

0 0
1 2 3 4 5 6 7 8 9 10 11 12

Period Earned Value SPI CPI Expon. (Period)