Project cost estimate project team members

Description:

This image is a slide presentation for a "Project Cost Estimate" and serves as "Template 1 of 2," which implies there is another slide that accompanies this one. The text elements on this slide are structured to offer a detailed breakdown of the project expenses, categorized under a Work Breakdown Structure (WBS) method.

On the left, we see the column labeled "WBS Items," which details specific cost categories like Project Management, Hardware, Software, Testing, Training and Support, and Reserves. Each category lists the elements involved (e.g., Project Manager, Handheld Devices, Licensed Software) and is followed by two numerical columns: "#Units/Hrs" and "Cost/Unit/Hr," suggesting how many units or hours are estimated and the cost per unit or hour, respectively.

The "Subtotals" column gives the calculated expense for each item by multiplying the units or hours by the cost per unit or hour. The "WBS Level 1 Totals" provides the sum of expenses in each main category, and the final column, "% Of Total," represents these totals as a percentage of the overall project cost.

The total cost is tallied at the bottom in the "Total Project Cost Estimate" section, and a sticky note remark emphasizes that the slide is fully editable to fit specific project needs.

Use Cases:

Here are seven industries where such a cost estimate slide could be applied:

1. Construction:

Use: Budgeting for construction projects

Presenter: Project Manager or Financial Analyst

Audience: Stakeholders or Investors

2. Information Technology:

Use: Software development project cost breakdown

Presenter: IT Project Manager or Chief Information Officer

Audience: Project Team or Funding Committee

3. Event Planning:

Use: Estimating costs for a large-scale event

Presenter: Event Coordinator or Finance Manager

Audience: Event Sponsors or Clients

4. Manufacturing:

Use: Production cost estimation for new product line

Presenter: Production Manager or Cost Estimator

Audience: Executive Management Team or Board Members

5. Healthcare:

Use: Budgeting for a new healthcare program or facility renovation

Presenter: Healthcare Administrator or Financial Planner

Audience: Hospital Board or Investors

6. Education:

Use: Cost analysis for educational programs or infrastructure improvement

Presenter: Academic Dean or District Financial Officer

Audience: School Board or Educational Grant Providers

7. Marketing:

Use: Campaign cost estimation and budget allocation

Presenter: Marketing Director or Account Manager

Audience: Marketing Team or Clients