UN Triangular Partnership Project Version

for African Rapid Deployment of Engineering Capabilities Number:

Project Title Date: Sep. 9, 17
Page: 1 of 5

ACTIVITY COST ESTIMATE

1. DESCRIPTION OF PROCESS OUTPUT

The Activity Cost Estimate provide information about the required cost of resources to complete
project work, including direct costs (labor, equipment, supplies, services, facilities, and materials),
indirect costs and reserve. Appendage – A.

2. CONTINGENCY RESERVES
Define if development estimates will include contingency reserve to account for risks related to
uncertainty.

3. TOOLS AND TECHINIQUES

The techniques most useful to estimate activity cost are parametric, analogous and three points.
Appendage – B.
a. Parametric Estimation: is used as reference unit costs of some engineering database.
b. Analogous Estimation: estimate made by comparing the current work with a similar past work.
The similarity between the works is fundamental for a good estimate.
c. Three Points Estimation: used to consider project uncertainties. For this, it establishes three
scenarios (optimistic, pessimistic and more probable) and uses formulas of distribution, being the
most used to Beta.
d. Bottom-up Estimation: When an activity cannot be estimated with confidence, the work within
activity is decomposed further. These estimates are then aggregated into a total cost for each of
activity (summarized or rolled up to higher level).

4. REVIEW PROCESS AND FREQUENCY

Describe how the Activity Cost Estimate will be reviewed:
- Which tools and techniques will be used?
- What is the frequency of the review?
- What will be covered in the project reviews?

5. ADMINISTRATION OF THE ACTIVITY COST ESTIMATE

Define those responsible for the Activity Cost Estimate.

6. REVISION HISTORY
[Provide information on how the development and distribution of the Activity Cost Estimate was
controlled and tracked. Use the table below to provide the version number, the author
implementing the version, the date of the version, the name of the person approving the version, the
date that particular version was approved, and a brief description of the reason for creating the
revised version.]
 UN Triangular Partnership Project Version
for African Rapid Deployment of Engineering Capabilities Number:
Project Title Date: Sep. 9, 17
Page: 2 of 5

Version Implemented Revision Approved Approval

# By Date By Date
<Author name> <mm/dd/yyyy <name> <mm/dd/yyyy>
1.0 Position > Title
Reason <reason>
<Author name> <mm/dd/yyyy <name> <mm/dd/yyyy>
2.0 Position > Title
Reason <reason>

7. AUTHORITY SIGNATURES [Last version]

Prepared by: Signature
_____________________________________
Name
Position
Date
_____________________________________
Name
Position
Date
Aprproved by: Signature
_____________________________________
Name
Title
Date
_____________________________________
Name
Title
Date
 UN Triangular Partnership Project Version
for African Rapid Deployment of Engineering Capabilities Number:
Project Title Date: Sep. 9, 17
Page: 3 of 5

Appendage - A - ACTIVITY COST ESTIMATES

Project Title: Date Prepared:

Direct Indirect Assumptions/ Additional Confidence

WBS ID Total
Resource Costs Costs Reserve
Estimat
Method Constraints Information Range Level
e
 UN Triangular Partnership Project Version
for African Rapid Deployment of Engineering Capabilities Number:
Project Title Date: Sep. 9, 17
Page: 4 of 5

Appendage - B - COST ESTIMATING WORKSHEET

Project Title: Date Prepared:

Parametric Estimates

WBS ID Cost Number of Units Cost per Unit Cost Estimate

2 Variable Cost per2 Unit
1.1 floor cer m 36 2,00 US$/m = 36 x 2 = 72 US$

Analogous Estimates
Duration Estimate = Previous Duration x Multiplier
Multiplier = Current Activity / Previous Duration
WBS ID Previous Previous Cost Current Multiplier Cost Estimate
3.2 road 6 kmActivity 120.000,00 20 Activity
km 3,33 =120.000 x 3,33
paving =400.000,00

Three Point Estimates

Weighting Equation: CE = (CO + 4 x CM + CP)
6
Pessimistic Weighting Expected
WBS ID Optimistic Cost Most Likely Cost Cost Equation Cost Estimate
 UN Triangular Partnership Project Version
for African Rapid Deployment of Engineering Capabilities Number:
Project Title Date: Sep. 9, 17
Page: 5 of 5

Appendage - B - BOTTOM-UP COST ESTIMATING WORKSHEET

Date
Project Title: Prepared:

Labor Labor Total Other Indirec

WBS ID Hours Rates Labor Material Supplies Equipment Travel Direct t Costs Reserve Estimate
Costs
A B C=AxB