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Invoice Hypothetical Translation Project Human Resources • Project Manager (handles the whole project, the communication among the different parties involved in it and sets up the translation project, TMs and TBs) • Terminologist (extracts both the source and target language terms and add terms to the termbase) • Translator (translates the text and post-edit it after the reviewer gets back to him/her with his/her feedback) • Reviewer (knows both the Source and Target languages and makes sure the target text is faithful to the original) • Proof-reader (does not need to know the Target language and checks the translation for fluency and grammar errors. ) Hypothetical Translation Project • Your group gets hired to translate a 30,000 word-long text. • The terminoligist is asked to extract the terminology from the source text, find the target language equivalents and add these terms in a termbase. The total amount of specialized terminology that s/he will in the end extract from the source text is expected to be approximately 40 terms. • The project is handed to the project manager on September 30th and needs to be completed no later than October 30th Duration metrics • Project Manager (n/a) • Terminologist = 4 words per hour (source and target language equivalents) • Translator = 850 words per hour • Reviewer = 1,400 words per hour • Proof-reader = 3,000 words per hour Cost Metrics • Project Manager = 13 % of the total project cost • Terminologist = $ 35/hour • Translator = $ 0.12/word • Reviewer = $ 0.06/word (usually half the translator’s rate) • Proof-reader = $ 0.03/word (usually one third or fourth of the translator’s rate) How much will the whole project cost? • • • • • • Terminologist = 40/4 * $ 35 = $ 350 Translator = 30,000 * $ 0.12 = $ 3,600 Reviewer = 30,000 * $ 0.06 = $ 1,800 Proof-reader = 30,000 * $ 0.03 = $ 900 Total = $ 6,650 Project Manager = 13 % of $ 6650 = $ 864.5 • Total cost of project = 6650 + 864.5 = $ 7,514.5