Setup for Conference Call

I’m planning to setup a medium conference room which will be used for virtual meetings. Given that I have a very tight budget and easy to assessed by everyone.

Therefore, I would like to seek your view weather the following setup will work.

1. A universal docking station which connect to my laptop will be project out to a monitor and projector simultaneously.
2. A set of speaker to connect to the docking station.
3. A set of microphones to connect to the docking station (might increase the quantity in future).