Step 3.6 Work out costs
To work out the costs you must identify the cost elements from the project as shown in Table 3.7 overleaf. Remember the elements of cost are:
Costs associated with running the project. These include the time of people working on the project and anything you must buy to enable them to complete their work. Do not forget that your time as the project manager needs to be included, even though this is not shown as a task on the plan.
Costs associated with buying deliverables, or anything used to create your deliverables on the project.
| PROJECT BUDGET | Project Name: Office Re-fit Project | |||
|---|---|---|---|---|
| Project staff costs (variable) | Totals | |||
| Person | Unit Cost | Units | Total | |
| Dave | £400 per day | 8 days | £3,200 | |
| Mary | £300 per day | 35 days | £10,500 ... | |
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