Posted by: ahmedashfaque | September 30, 2016

What is a project? – Project Planning for costs (part 4)


In this series on brain tumor treatment for my father; there will be a big deal of costs involved as brain surgery & treatment is a costly affair.

Hospitalization costs

  1. Estimated number of days the patient needs to spend in the hospital for diagnosis & tests (CT Scan + MRI Scan) – 3 days,
  2. Estimated number of days the patient needs to spend in the hospital for preparation for brain surgery (the patient had blood pressure & blood sugar problems for a long time) – 3 days,
  3. Estimated number of days the patient needs to spend in the hospital for brain surgery – 1 days,
  4. Estimated number of days the patient needs to spend in the hospital for recovery after surgery – 10 days,

Total number of days, the patient needs to spend in the hospital = 17 days

Per day hospitalization costs (including medicines) = USD 500

Total hospitalization costs = USD 8500

Cost of brain surgery = USD 10000

Total surgery + hospitalization costs = USD 18500

Radio & Chemo therapy costs

  1. Total number of radio therapy sessions = 30
  2. Total number of oral chemo therapy doses = 42

Cost of Radio therapy per session = USD 150

Total cost of radio therapy = USD 4500

Cost of each Oral chemo capsule = USD 80

Total cost of chemo therapy = USD 3360

Total radio + chemo therapy costs = USD 7860

Homeopathy treatment costs

  1. Number of Consultations with the Homeopathic doctor (2 consultations per month for 5 months) = 10

Consultation fee per session = USD 100

Total consultation fees (including medicine) = USD 1000

Homeopathic treatment costs = USD 1000

Ayurvedic treatment costs

  1. Number of Consultations with the Ayurvedic doctor (2 consultations per month for 5 months) = 10

Consultation fee per session = USD 100

Total consultation fees (excluding medicine) = USD 1000

Medicine costs = USD 5000

Ayurvedic treatment costs = USD 6000

Cancer fighting food costs:

  1. Cost of Guyabano fruit per kilogram (including shipping) = USD 50
  2. Cost of Guyabano leaves per Kilogram (including shipping) = USD 50

Guyabano fruit costs for 6 months (2 kilogram per month) = USD 600

Guyabano leaves costs for 6 months (1 kilogram per month) = USD 300

Total cancer fighting foods costs = USD 900

Caregiver costs:

  1. 2 caregivers required to take care of the patient for 24 hours a day for 4 months

Cost of one caregiver = USD 20 per hour

Total caregiver costs for 4 months = USD 57600

Total cost for the entire brain tumor treatment = USD 91860

 

Luckily my father had a mediclaim policy and most of the costs of indoor medical treatment will be covered by this policy. The outdoor medical bills (doctor’s consultancy fee & costs of medicine) will be covered by ex-employee policy of my father’s erstwhile employers (Steel Authority of India Limited).

But there will be cost involved for Homeopathy & Ayurvedic treatment which are neither covered by Mediclaim policy or ex-employee policy. These costs will be met by own expenses.

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Responses

  1. […] In last post in this series, we had seen how costing for the project should be done. Now let us see, how the project schedule should be drawn. […]


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