Budget Estimation.

Budget Estimation
WBS Resource Direct
Costs
Indirect
Costs
Total
Estimate
Method
Addition
al
Informat
ion
Renovation of Royale
Pizza shop
$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
the project
Sponsor $0.00 $0.00 Bottom-up N/A
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estimation
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
procurement and deliver
$0.00 $0.00 Bottom-up N/A
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