Project Resource and Timeline Estimation Report

Outlines on several key aspects: 1. **Current Progress Assessment** 2. **Feature Requirements** 3. **Team Composition and Skills** 4. **Timeline and Effort Estimation** 5. **Mobile Development Strategy** 6. **Budget Estimation** Below is the structure and detailed content of this report: --- ### Project Resource and Timeline Estimation Report #### 1. **Current Progress Assessment** - **Completed Modules:** - Search by opportunity on the homepage (with API integration) - Creation of different types of companies (with API integration) - Creation of company opportunities (with API integration) - Page layouts (without API integration, including digital signature page layout) #### 2. **Feature Requirements** - **User Management:** - Registration and profile management for Admin, Company, Individual, Auditor, and Regulators. - Claiming a company account by an individual. - Multi-owner management and voting system for company decisions. - Status management for company profiles (pending, suspended, canceled, regulated, approved). - **KYC Integration:** - Integration with ADIN service for KYC document submission and verification. - **Social Features:** - Company networking (friend requests, chats, and meetings using Jitsi). - **Opportunity and Contract Management:** - Creation and public display of opportunities. - Negotiation and digital contract signing between companies. - **Search Module:** - Comprehensive search functionality for companies, posts, users, opportunities, and funding options. - **Mobile Application:** - Development of iOS and Android apps with similar functionalities. #### 3. **Team Composition and Skills** To achieve the project within 4-6 months, the following team is recommended: - **Backend Developers (Java Spring)**: 3 Developers - **Frontend Developers (Next.js)**: 3 Developers - **Full-Stack Developers**: 2 Developers (to handle integration and ensure smooth communication between frontend and backend) - **Mobile Developers**: - Option 1: 2 Native Developers (1 for iOS, 1 for Android) - Option 2: 1 React Native Developer (for both iOS and Android) - **QA Engineers**: 2 Engineers - **UI/UX Designer**: 1 Designer - **Project Manager**: 1 Manager #### 4. **Timeline and Effort Estimation** Based on the required features and the current progress, a high-level timeline is estimated: - **Month 1-2:** - Complete remaining backend API integrations. - Develop core functionalities for user management, KYC integration, and status management. - Start mobile app development. - Begin UI/UX refinements. - **Month 3-4:** - Develop and integrate social features (networking, chats, meetings). - Complete opportunity and contract management features. - Continue mobile app development. - Conduct initial QA testing. - **Month 5-6:** - Finalize search module functionalities. - Complete and integrate all pending features. - Perform thorough testing (QA) and bug fixing. - Prepare for deployment (including mobile app stores). #### 5. **Mobile Development Strategy** - **Option 1: Native Development** - **Pros**: Better performance, access to native features. - **Cons**: Requires two developers, higher cost. - **Estimated Time**: 4-6 months with 2 developers. - **Option 2: React Native Development** - **Pros**: Single codebase for both platforms, lower cost. - **Cons**: Potential performance limitations, especially for complex features. - **Estimated Time**: 4-6 months with 1 developer. #### 6. **Budget Estimation** Based on the average compensations provided for mid-level and senior developers, we can adjust the budget estimations for your project. We'll calculate the cost for both options: hiring separate mobile developers for iOS and Android versus hiring a single React Native developer for both platforms. #### Team Composition and Compensation **Backend Developers (Java Spring)**: - 2 Mid-Level Developers: $4,030/month - 1 Senior Developer: $5,000/month **Frontend Developers (Next.js)**: - 2 Mid-Level Developers: $3,167/month - 1 Senior Developer: $4,667/month **Full-Stack Developers**: - 2 Senior Developers: $5,000/month **Mobile Developers**: - **Option 1**: 1 Mid-Level iOS Developer: $4,030/month, 1 Mid-Level Android Developer: $4,030/month - **Option 2**: 1 Senior React Native Developer: $4,167/month **QA Engineers**: - 2 Mid-Level Engineers: $3,500/month (approximation for simplicity) **UI/UX Designer**: - 1 Mid-Level Designer: $3,500/month (approximation for simplicity) **Project Manager**: - 1 Senior Manager: $5,000/month (approximation for simplicity) #### Detailed Cost Breakdown **Backend Developers**: - 2 Mid-Level: $4,030 * 2 * 6 months = $48,360 - 1 Senior: $5,000 * 6 months = $30,000 **Frontend Developers**: - 2 Mid-Level: $3,167 * 2 * 6 months = $38,004 - 1 Senior: $4,667 * 6 months = $28,002 **Full-Stack Developers**: - 2 Senior: $5,000 * 2 * 6 months = $60,000 **Mobile Developers**: - **Option 1** (Native Development): - iOS: $4,030 * 6 months = $24,180 - Android: $4,030 * 6 months = $24,180 - **Option 2** (React Native Development): - React Native: $4,167 * 6 months = $25,002 **QA Engineers**: - 2 Mid-Level: $3,500 * 2 * 6 months = $42,000 **UI/UX Designer**: - 1 Mid-Level: $3,500 * 6 months = $21,000 **Project Manager**: - 1 Senior: $5,000 * 6 months = $30,000 #### Total Estimated Budget - **Option 1 (Native Development)**: - Backend Developers: $48,360 + $30,000 = $78,360 - Frontend Developers: $38,004 + $28,002 = $66,006 - Full-Stack Developers: $60,000 - Mobile Developers (iOS and Android): $24,180 + $24,180 = $48,360 - QA Engineers: $42,000 - UI/UX Designer: $21,000 - Project Manager: $30,000 - **Total**: $345,726 (with frontend,backend devlopers, and full stack developers) - **Option 2 (React Native Development)**: - Backend Developers: $48,360 + $30,000 = $78,360 - Frontend Developers: $38,004 + $28,002 = $66,006 - Full-Stack Developers: $60,000 - Mobile Developer (React Native): $25,002 - QA Engineers: $42,000 - UI/UX Designer: $21,000 - Project Manager: $30,000 - **Total**: $322,368 (with frontend,backend devlopers, and full stack developers) ### Summary **Option 1 (Native Development)**: - **Total Cost**: $285,726 and if with full stack developers $201,360 **Option 2 (React Native Development)**: - **Total Cost**: $241,368 and if with full stack developers $157,002 --- These revised budgets offer a more accurate estimate based on the average compensations for developers in the Middle East, with room for adjustments based on actual hiring conditions and further negotiations. Additionally, this detailed report outlines a clear roadmap for the required resources, timeline, and budget to complete your project within the desired timeframe, allowing for adjustments based on specific needs and ongoing progress evaluations.