Budget Estimation.

Budget Estimation
WBS Resource Direct
Costs
Indirect
Costs
Total
Estimate
Method
Additiona
l
Informati
on
Royale Pizza shop
rennovation
$29,000.00 $11,000.00 $40,000.00 Bottom-up
estimation
N/A
Project design phase
$5,000.00 $5,000.00 Bottom-up
estimation
N/A
Identification of
business needs
Project management
consultant
$1,800.00 $1,800.00 Bottom-up
estimation
N/A
Proper design for
blueprint
Designer $3,200.00 $3,200.00 Bottom-up
estimation
N/A
Providing approval for Sponsor $0.00 $0.00 Bottom-up
estimation
N/A
1 | P a g e

the project
Milestone 1: Design
phase completion
$0.00 $0.00 Bottom-up
estimation
N/A
Procurement and
delivery phase
$18,000.00 $18,000.00 Bottom-up
estimation
N/A
Procurement need
identification
Contractor, Procurement
manager
$5,000.00 $5,000.00 Bottom-up
estimation
N/A
Project suppliers
identification
Procurement manager,
Additional cost[1]
$6,000.00 $6,000.00 Bottom-up
estimation
N/A
Understanding the
price of the materials
Sponsor $0.00 $0.00 Bottom-up
estimation
N/A
Material purchase
Procurement manager,
Equipment supply[1]
$5,000.00 $5,000.00 Bottom-up
estimation
N/A
Receipt and inspection
Construction manager,
Shop supervisor
$2,000.00 $2,000.00 Bottom-up
estimation
N/A
Milestone 2:
Completion of
$0.00 $0.00 Bottom-up N/A
2 | P a g e

procurement and deliver
phase
estimation
Construction phase
$7,000.00 $7,000.00 Bottom-up
estimation
N/A
Finishing the flooring
work
Construction manager,
Contractor, Project
manager
$3,000.00 $3,000.00 Bottom-up
estimation
N/A
Compressor capacity
increment
Installer, Construction
manager
$2,000.00 $2,000.00 Bottom-up
estimation
N/A
Proper cleaning
kitchen
Cleaner, Construction
manager
$1,000.00 $1,000.00 Bottom-up
estimation
N/A
Buying of various
equipment’s
Contractor, Project
manager
$1,000.00 $1,000.00 Bottom-up
estimation
N/A
Milestone
3:Completion of
construction phase
$0.00 $0.00 Bottom-up
estimation
N/A
Painting or installation $10,000.00 $10,000.00 Bottom-up N/A
3 | P a g e

estimation
Installation of air
condition
Technical analyst,
Installer
$4,000.00 $4,000.00 Bottom-up
estimation
N/A
Dust free painting
Installer $6,000.00 $6,000.00 Bottom-up
estimation
N/A
Milestone 4:
Completion of painting
and installation
$0.00 $0.00 Bottom-up
estimation
N/A
4 | P a g e