Activity Cost Estimation Back to Instructions Page Next

Instructions:
Customize the Activity Cost Estimation Template:
• Add, remove or modify line items if required.
• Replicate this workbook for every business unit and function.
Enter Information
• Enter the name of your business unit or function and the number of activities, including innovative project(s) for each business unit or function (you can estimate costs for up to 20 activities).
• List the activities of the business unit or function using the Activity Screening Tool (Task 3.2) from the accompanying Gartner Ignition Guide.
• List the innovative project(s) of each business unit and function using the Activity Catalog Template (Task 3.1) from the accompanying Gartner Ignition Guide.
• Estimate the yearly cost of each line item listed in the table below.
• Refer to the text boxes on the right for guidance on data sources.
• Click the Next button to view the summary of the budget.

Business unit or Function: <Enter the Name of the Business unit or Function>
Number of Activities within the Business unit or
1
Function:

BUDGET - <Enter the Name of the Business unit or Function>

Total Direct Spend by Line Personnel Costs

Line Items <Enter Activity Name> - Refers to cost for the total head count (FTEs)
Item
including wages, fringes, bonuses and benefits.
Personnel Cost Information Source:
$ 3,600.00 $ 3,600.00
- Obtain staff compensation and benefits information
Enter Number of FTEs by from your corporate HR team or FP&A budget
Staff Level: Basic Salary Fringe Benefits Bonus Level: analyst.
$ 1,200.00 $ 1,200.00 $ 1,200.00 1.00 - Estimate the number of FTEs required across sub-
Vice Presidents and Senior Directors

Directors/Managers

Seniors/Supervisors

Staff (Analysts)

Administrative and Clerical Staff Training and Development Costs

<Add another job title, if required> - Includes all costs associated with all employee
training expenses, both employer-sponsored and
<Add another job title, if required> third-party-provided.

Training and Development Cost $ 1,200.00 $ 1,200.00 Information Source:

- Determine the training interventions required for
Seminars $ 1,200.00 your team.
- Work with the corporate HR or learning and
Workshops development team to estimate the cost for each
Online Training

<Enter item> IT Infrastructure Costs

- Refers to all department IT-related costs, including
<Enter item> software purchase and maintenance, development
and depreciation.
Infrastructure Cost $ 1,200.00 $ 1,200.00 Information Source:
- Obtain inputs from your company's administration
IT Hardware $ 1,200.00 team.
- Review vendor-provided proposals and cost
IT Software estimates.
<Enter item>

<Enter item> Professional Services Costs

- Includes spend on external service providers such
<Enter item>
as consultants, external auditors, etc.
Professional Services Cost Information Source:
$ 11,200.00 $ 11,200.00
- Review vendor-provided proposals and cost
Professional Membership Fee $ 1,200.00 estimates.
- Obtain inputs from your company's procurement
Legal Fee

Auditing Fee

Consultants/Advisory Fee $ 10,000.00

Expected Fees No. of Consultants

<Enter Name of Consultant> $ 10,000.00 1.00

<Enter Name of Consultant> Outsourcing Costs

- Includes all payments for function-related services
<Enter Name of Consultant> to persons not considered permanent company
Outsourcing Cost employees.
$ 1,200.00 $ 1,200.00
Information Source:
Service Provider Fees $ 1,200.00 - Review vendor-provided proposals and cost
estimates.
Transition Costs - Obtain inputs from your company's procurement

Product Supplies and Delivery

<Enter line item>

Travel Costs
<Enter line item>
- Includes all legitimate employee travel expenses.
Travel Cost Information Source:
$ 1,200.00 $ 1,200.00
- Obtain inputs from your company's procurement
Airfare $ 1,200.00 team.

Accommodation

Meals

Conveyance

Other Allowance

<Enter line item>

Supplies and Materials Cost $ 1,200.00 $ 1,200.00

Product Supplies $ 1,200.00

<Enter line item>

<Enter line item>

<Enter line item>

<Enter line item>

Other Costs $ 1,200.00 $ 1,200.00

Subscriptions $ 1,200.00

Financing Costs

<Enter line item>

<Enter line item>

<Enter line item>

Total Spend by Activity: $ 22,000.00 $ 22,000.00