Project Cost Estimation
The Problem

 

 

 

 

Understanding "Whatís in the Cost"

Salaries and Associated Benefits, Materials, Payments to Subcontractors or Consultants, Project Related Travel

General Administrative Costs, Facility (Space, Utilities, Insurance), Marketing, Ongoing Research and Development

Note: Indirect Costs are Usually Allocated on Some Proportional Basis Each project a Business is Executing

 

 

 

 

The Process (Figuring Our What it Takes)

 

 

 

 

The Process - Estimating Each Task

 

 

 

 

 

 

 

 

The Process - Preparing The Schedule

 

 

 

 

The Process - Calculating the Cost

 

 

 

 

We Have a WBS, Schedule Cost - Now What..
A Final Look