WGU C229 PERSONNEL COST TABLE |LATEST UPDATE WITH COMPLETE SOLUTIONS
Personnel Cost Table
*Note: You must include the projected salary cost for the Project Manager (yourself, Do NOT enter $0), team members, and
stakeholders listed on the RACI Chart. There should be NO $0 line items present on the table. The Total Personnel Costs will then be
entered on the Pro Forma Budget and Project Charter.
Calculating Hourly Rates:
For the Hourly Rate, rounded off to the nearest cent (i.e. $48.0769 is $48.08). Hourly wage rate = the annual salary divided by the
number of hours worked in one year. The following is an example of an hourly rate calculation for an individual earning $100,000.00 per
year working a 40-hour work week.
$100,000.00 divided by 2080 hours (40hrs./week x 52 weeks) = $48.0769 or $48.08 per hour.
Example:
Team Member Number of Estimated Hourly Rate Number of Individual Cost
(Use the role or title listed on the Personnel Annual Salary Projected Hrs.
RACI Chart) for HIP
Example Person (This is an example 1 $100,000 $48.08 10 $480.80
– be sure to remove all content in
before you submit your paper)
Personnel Cost Table
*Note: You must include the projected salary cost for the Project Manager (yourself, Do NOT enter $0), team members, and
stakeholders listed on the RACI Chart. There should be NO $0 line items present on the table. The Total Personnel Costs will then be
entered on the Pro Forma Budget and Project Charter.
Calculating Hourly Rates:
For the Hourly Rate, rounded off to the nearest cent (i.e. $48.0769 is $48.08). Hourly wage rate = the annual salary divided by the
number of hours worked in one year. The following is an example of an hourly rate calculation for an individual earning $100,000.00 per
year working a 40-hour work week.
$100,000.00 divided by 2080 hours (40hrs./week x 52 weeks) = $48.0769 or $48.08 per hour.
Example:
Team Member Number of Estimated Hourly Rate Number of Individual Cost
(Use the role or title listed on the Personnel Annual Salary Projected Hrs.
RACI Chart) for HIP
Example Person (This is an example 1 $100,000 $48.08 10 $480.80
– be sure to remove all content in
before you submit your paper)
