marknt15's avatar

Help on Project Cost Estimate - HRIS System with Payroll and Time Clock

Hi, I would just like ask for help in estimating the price of a Human Resources Information System with Payroll and Time Clock functionality. This is a project based system. The client is asking me now for quote without discussing further details of the project and no provided designs. The Timeline for this is 4 months only. My rough estimate is around USD $10k. What do you think? I will make this in Laravel 5.4 with responsive design. Thanks!

Below are the requirements:

Clock in and out

  • DTR history
  • DTR interface Records Management
  • Employee records (Personal information)
  • Uploading employee records (New employees)
  • Calendar Reports
  • Employee list
  • Masterlist
  • List of regular employees
  • Probationary employees
  • Resigned employees
  • Per department list
  • Active and Inactive list
  • Attendance Report
  • DTR Detailed report
  • DTR report
  • Tardiness report
  • Absences report
  • Time keeping – ALL log in and out
  • Holiday list
  • Employees leave report
  • Leave balances report

Filings

  • Employee Filings ( logedit, OT, leaves)
  • Filing review and confirmation

Payroll Settings

  • Basic pay, allowance
  • Settings for payroll factor, cut-off type, statutory period (SSS, Philhealth, Pagibig), tax type, exemption status, pay type (monthly, daily, hourly, salary history, salary increase, bank account details

Payroll Process

  • Regular payroll processing with .txt file generation for different bank online upload
  • Final pay processing

Payroll Reports

  • Payroll Register (every cut-off period payroll breakdown)
  • Payslip viewer/generate
  • SSS, Philhealth, Pagibig contributions and loans report per year, month, cut-off
  • BIR 1601C report per year, month, cut-off
  • Alphalist/Annualisation report per calendar year
  • BIR 2316 generation per employee
  • 13th month report monthly, yearly
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3 replies
ayekoto's avatar

@marknt15 i think the project cost should depend on:

  1. the total estimated number of hours you think you will use on the project per day, i.e 6 hours / day * 28 days in a month * 4 (total month)

  2. know the cost of other resources you inputted to get the project done to completion, i.e are you paying another developer to work with you etc..

Start from the above, it should lead you to somewhere, but be careful not to under charge else your motivation dies off or over charge not to scare client away.

I do like to know if you need someone to work with, will be eager to join the project, thanks

marknt15's avatar

The client just replied, got scared with my rough estimate and did not discussed the details LOL. It's ok, I'm not affected :)

Gotta Love the Project Management Triangle

Good - Cheap - Fast (But you can pick only Two)

  1. Good + Cheap = Not Fast
  2. Fast + Good = Not Cheap
  3. Cheap + Fast = Not Good
1 like
ayekoto's avatar
ayekoto
Best Answer
Level 7
  1. Fast + Good = Not cheap
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