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Create Cost Model Sample Estimated at Completion Summary WBS Activity Description 2.0 DESIGN 2.1 Prepare Preliminary Design Analysis in Hours Analysis in Dollars Res Budget Actual Est to Est Variance hours hours Complete Complete (+=More) Budget Actual Est to Est Variance hours hours Complete Complete (+=More) 900 1,150 0 1,150 250 90,000 115,000 0 115,000 2.1.1 Develop Enterprise Architecture 400 500 0 500 100 40,000 50,000 0 50,000 10,000 2.1.2 Prepare Data Flow Diagrams 300 250 0 250 (50) 30,000 25,000 0 25,000 (5,000) 2.1.3 Prepare Logical Data Module 40,000 2.2 Prepare Detailed Design 3 5 200 400 0 400 200 20,000 1,000 640 408 1,048 48 100,000 64,000 25,000 0 40,000 20,000 40,8000 104,800 4,800 2.2.1 Prepare Physical Data Model 600 600 8 608 8 60,000 60,000 800 60,800 800 2.2.2 Prepare Data Dictionary 400 40 400 440 40 40,000 4,000 40,000 44,000 4,000 430 0 430 430 0 43,000 0 43,000 43,000 0 430 430 0 43,000 0 43,000 43,000 0 1676 5,256 646 167,600 525,600 59,600 2.3 2.3.1 2.4 Document Design 2 430 Develop Design Specification Design Review Total for the Project 10 160 4,820 3,620 466,000 358,000 For large systems, a project management tool is typically preferred for cost estimation..
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