Week 14

Title: Budget for the project
Date: 3/5/2012

Objective:

• To estimate the project cost
• To make sure the cost of the project is not too expensive
• Decision making on which product need to be use

Content:


Budget Estimation

Hardware /component

No	Component	Quantity	Cost(RM)
1	RFID sensor	1	200.00
2	Remote control car	1	100.00
3	Electronic component	12	60.00
4	Raw material		50.00
Total			410.00

Analysis:

According to this budget estimation, the project should finish within RM410, this price is quite reasonable for the project. If everything will goes according to plan, this budget will be use for the project.

Conclusion:

This research is very important in costing the project. I will practice the student to the project which will lead to profit. All the hardware and the component will be buy on the next semester.