Cost Estimating Worksheet

What: A format to generate a detailed cost estimate to determine how much the project will cost to complete
Why: A detailed bottom-up estimate provides a means for project teams to advise the project sponsor and decision makers how much the defined project scope will cost. With this estimate as a basis the team and
project decision maker determine what needs to be changed in the scope or the project duration to create a desired change in the project cost
How: Taking the task list and the duration from the schedule and the LACTI Chart information on the resources required for each task develop an estimate of manhours and labor rate, and the materials required for the
task and the cost for those materials
Labor Material
Quantity
Task Duratio Unit Rate Unit Total Activity
Deliverable Task Description Description (manhours Cost Description Quantity Cost
Number n ($/hr) Rate Cost
)

TOTAL

413401113.xls
 Example - Cost Estimating Worksheet
Labor Material
Quantity
Task Duratio Unit Rate Unit Total Activity
Deliverable Task Description Description (manhours Cost Description Quantity Cost
Number n ($/hr) Rate Cost
)
Site & Foundation Site Preparation Days
1 - Layout of House Survey the land 1 Surveyor 2 $15.00 $30 $0 $30
2 - Layout of House Stake the site 1 Surveyor 2 $15.00 $30 $0 $30
3 - Graded site Grade the site 1 Equipment Opr. 6 $20.00 $120 Backhoe Rental 0.5 $120.00 $60 $180
4 - Excavated foundation Dig the foundation 1 Laborer 16 $7.00 $112 Backhoe Rental 0.5 $120.00 $60 $172
5 - Forms Set the forms 1 Carpenter 16 $9.00 $144 Feet Lumber 50 $3.00 $150 $294
6 - Concrete Slab Set the piping 1 Plumber 8 $18.00 $144 Feet PVC Piping 100 $2.00 $200 $344
7 - Concrete Slab Set reinforcing steel 1 Laborer 6 $7.00 $42 Reinforcing Steel 200 $1.00 $200 $242
8 - Concrete Slab Pour concrete 1 Laborer 8 $8.00 $64 Yards of Concrete 27 $55.00 $1,485 $1,549
9 - Concrete Slab Finish slab 1 Mason 8 $12.00 $96 Plastic to seal 1500 $0.02 $30 $126
10 - Sprinkler System Dig the trench 1 Laborer 8 $8.00 $64 Trencher Rental 1 $75.00 $75 $139
11 - Sprinkler System Lay the piping 1 Laborer 8 $8.00 $64 1/2" PVC Pipe 600 $0.25 $150 $214
PVC Fittings 50 $2.00 $100 $100
12 - Sprinkler System Install the valves and controls 1 Landscaper 6 $14.00 $84 1/2" Valves 8 $25.00 $200 $284
13 - Landscaping Lay the sod / plant shrubs 1 Laborer 16 $7.00 $112 Sod 3000 $0.25 $750 $862
Laborer 4 $7.00 $28 Shrubs 12 $15.00 $180 $208
TOTAL $4,774

413401113.xls