How to estimate the cost of projects?

Easily calculate the cost of any project using this handy tool.
Only enter activities you have to do and the number of estimated hours
Optimistic Time:This is the fastest time an activity can be completed. For this, the assumption is made that all the necessary resources are available and all predecessor activities are completed as planned.
Most Likely Time:Most of the times, project managers are asked only to submit one estimate. In that case, this is the estimate that goes to the upper management.
Pessimistic Time:This is the maximum time required to complete an activity. In this case, it is assumed that many things go wrong related to the activity. A lot of rework and resource unavailability are assumed when this estimation is derived.
Enter your project information:
Project's name:
Cost per hour $: dollars.
# | Activities name | Optimistic Time | Most Likely Time | Pessimistic Time | |
---|---|---|---|---|---|
{{ $index+1 }} | hours. |
hours. |
hours. |
Your project ({{title}}) could be about cost: ${{ totalCost }} with {{p3}} Hours.
Details
Probability of duration of these activities: | 68% | 95% | 97% |
---|---|---|---|
Hours | {{p1}} Hours | {{p2}} Hours | {{p3}} Hours |