Cost Estimate Project Name: Date: Note: Enter your WBS, hours, labor rates, etc. Add/delete rows and columns as needed and check all formulas (1: Internal $/hour Internal External S/hour External Total WBS Categories Labor $ Total Labor $ Total Labor 1. Initiating 200 $ 65 $13,000 $ 13,000 2. Planning 600 $ 60 $36,000 $ $ 36,000 3. Executing $ 3.1 Course design and development $ $ 3.1.1 Supplier management training 600 $ 60 $36,000 600 $ 150 $90,000 $126,000 3.1.2 Negotiating skills training 300 $ 55 $16,500 300 $ 150 $45,000 $ 61,500 3.1.3 Project management training 400 $ 60 $24,000 400 $ 150 $60,000 $ 84,000 3.1.4 Software applications training 400 $ 60 $24,000 400 $ 150 $60,000 $ 84,000 3.2 Course administration 400 $ 55 $22,000 300 $ 250 $75,000 $ 97,000 3.3.Course evaluation 300 $ 55 $16,500 S $ 16,500 3.4 Stakeholder communications 300 $ 55 $16,500 $ $ 16,500 4. Monitoring and Controlling 500 $ 55 $27,500 S $ 27,500 5. Closing 200 $ 55 $11,000 S $ 11,000 Subtotal Reserves S $ Total 4,200 243,000 2,000 850 330,000 573,000 Assumptions