How do I create a software development budget?
An example of an AI chatbot conversation about creating a software development budget.
How do I create a software development budget?
Creating a software development budget involves estimating costs for resources, tools, and time. What specific areas do you need help with?
I need to know how to estimate labor costs.
To estimate labor costs, consider the hourly rates of your developers and the estimated hours for each task. Do you have a team in mind?
Yes, I have a team of 5 developers. How do I calculate the total cost?
Multiply the hourly rate by the estimated hours for each developer, then sum those amounts. Would you like help with a sample calculation?
Yes, that would be great!
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