Project Cost Estimation
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 - Estimating Each Task
The Process - Preparing The Schedule
The Process - Calculating the Cost
We Have a WBS, Schedule Cost - Now What..