It is not uncommon for businesses to spend more than they want on their projects. It can be challenging to estimate the costs of a project, and many times people will underestimate the true cost of what it takes to complete a project. If you are looking for an easy way to calculate your average cost per project, then you need not look any further!
Whether it is a new website, renovating an office space, or developing a mobile app, our Project Cost Estimation Calculator can help. This calculator will allow you to input different variables about your project and then quickly estimate what it might cost.
The template helps you in the following ways:
- A basis for the decision-making process, and helps to avoid costly mistakes. This template offers guidance on how to calculate costs accurately.
- This template will allow you to more accurately estimate the labor costs required for any given project, as well as provide an estimate on what it would cost to complete that project.
Format: MS Excel
- The excel template contains two sheets - Budget - Estimation, and Budget - Actual. The budget estimation sheet should be updated before the project starts and NOT changed once the project begins.
- After you are confident about the estimation, you can update the Budget Actual sheet with the same numbers. You also can copy the estimates sheet and create a solid sheet but then the formulas and conditional formatting will not work.
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8. Do these templates work with Excel?
Yes, the templates are built using MS Office so will work on Excel.
9. Can the templates be customized or edited?
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