Boe.mp4 2.7z.002 90%

Link the estimate directly to the Statement of Work (SOW) or technical requirement.

Explicitly state what the cost does not include to avoid scope creep (e.g., "Travel for site visits is excluded"). 4. Technical Description and Rationale

Identify the specific Work Breakdown Structure (WBS) level the estimate covers. Boe.mp4 2.7z.002

Based on the judgment of a Subject Matter Expert (SME). Analogous: Based on a similar previous project or task.

Explain why certain labor hours or material quantities were chosen. For example, "Based on [Project X], we anticipate 40 hours for testing because the complexity is similar." 5. Calculation Summary Link the estimate directly to the Statement of

Break down by labor category (e.g., Senior Engineer, Junior Analyst) and total hours.

Never provide a cost without a clear trail back to a source or calculation. Explain why certain labor hours or material quantities

List major equipment, software licenses, or travel requirements.