Estimated Project Costs Worksheet

Your business case needs to include an itemization of the cost estimates for the full lifecycle of your project, broken down by project phase. Separate costs into the general categories of labor, equipment, outside services, facilities and operating costs. Specific cost items for each phase (e.g., project team, non-team knowledge resources, computer equipment, training, rent, supplies, productivity losses, etc.) should fit into one or more of these general categories. Sum up the cost items in each category to estimate a total for the category. Here is a spreadsheet that will guide you through the costing process.