| Cost Estimate |
| Project Name: | Date: |
| Note: Enter your WBS, hours, labor rates, etc. Add/delete rows and columns as needed and check all formulas (bolded below). |
| | Internal | $/hour | Internal | External | $/hour | External | Total | Non-labor $ | Total Cost |
| WBS Categories | Labor | | $ Total | Labor | | $ Total | Labor |
| 1. Initiating | 200 | $ 65 | $ 13,000 | | | $ - 0 | $ 13,000 | | $ 13,000 |
| 2. Planning | 600 | $ 60 | $ 36,000 | | | $ - 0 | $ 36,000 | | $ 36,000 |
| 3. Executing | | | $ - 0 | | | $ - 0 | $ - 0 | | $ - 0 |
| 3.1 Course design and development | | | $ - 0 | | | $ - 0 | $ - 0 | | $ - 0 |
| 3.1.1 Supplier management training | 600 | $ 60 | $ 36,000 | 600 | $ 150 | $ 90,000 | $ 126,000 | $ 100,000 | $ 226,000 |
| 3.1.2 Negotiating skills training | 300 | $ 55 | $ 16,500 | 300 | $ 150 | $ 45,000 | $ 61,500 | $ 50,000 | $ 111,500 |
| 3.1.3 Project management training | 400 | $ 60 | $ 24,000 | 400 | $ 150 | $ 60,000 | $ 84,000 | $ 50,000 | $ 134,000 |
| 3.1.4 Software applications training | 400 | $ 60 | $ 24,000 | 400 | $ 150 | $ 60,000 | $ 84,000 | $ 50,000 | $ 134,000 |
| 3.2 Course administration | 400 | $ 55 | $ 22,000 | 300 | $ 250 | $ 75,000 | $ 97,000 | $ 80,000 | $ 177,000 |
| 3.3.Course evaluation | 300 | $ 55 | $ 16,500 | | | $ - 0 | $ 16,500 | | $ 16,500 |
| 3.4 Stakeholder communications | 300 | $ 55 | $ 16,500 | | | $ - 0 | $ 16,500 | | $ 16,500 |
| 4. Monitoring and Controlling | 500 | $ 55 | $ 27,500 | | | $ - 0 | $ 27,500 | | $ 27,500 |
| 5. Closing | 200 | $ 55 | $ 11,000 | | | $ - 0 | $ 11,000 | | $ 11,000 |
| Subtotal | | | | | | | | | $ 903,000 |
| Reserves | | | $ - 0 | | | $ - 0 | $ - 0 | | 90,300.0 |
| Total | 4,200 | | 243,000 | 2,000 | 850 | 330,000 | 573,000 | 330,000 | $ 993,300 |
| Assumptions |