If the company has spent 15 hours working on the project and estimates that they only have 5% of the project done, it means that they have 95% of the project left to complete.
Let's use "x" to represent the total time needed to complete the project.
Using proportions, we can set up the following equation:
15 / x = 5 / 100
To solve for "x", we can cross-multiply and simplify:
15 * 100 = 5 * x
1500 = 5x
x = 1500 / 5
x = 300
Therefore, the whole project will take 300 hours to complete.