Activity Cost Estimates Template
This one-page Activity Cost Estimates template prompts the user to document cost estimation data for project activities. It supports project cost management.
The Activity Cost Estimates template is a project document that captures cost estimation information regarding each project activity. Our template also captures information regarding confidence in cost estimate accuracy.
This template is developed to support a wide range of project types and sizes. In support, it:
- begins with a section that captures relevant project information;
- provides sections for capturing the following activity information: WBS ID, resource category, assumptions and constraints, estimating method, level of confidence, additional information, and the total cost estimate for each activity; and
- it prompts the project management to identify any relevant contingency reserves that may be needed to manage risks associated with the activity.
Who Creates the Activity Cost Estimates?
Typically, the Project Manager is responsible for estimating activity costs. Doing so often accounts for the input of various project team members, other stakeholders, and the project sponsor.
What Are the Inputs?
There are numerous inputs to developing activity cost estimates, including the cost management plan, cost breakdown structure, and resource management plan.
Make Work Easier
We know this template will make your work easier. Want an even a better solution? Consider getting The Practitioner’s Book of Project Management Templates. Our e-book contains a complete set of editable, project management templates. It expedites development of project management plans and supports project managers throughout the project life cycle. By the way, it includes this Activity Cost Estimates template.