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United States Environmental Protection Fancywork Breakdown StructureBased Cost Model for Cation Exchange Drinking Water TreatmentOffice of Water (4607M) EPA ********* December, 2017WBSBased Cost Model
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01
To fill out a work breakdown structure-based cost, follow these steps:
02
Identify the major deliverables of the project.
03
Break down each major deliverable into smaller, manageable tasks.
04
Assign a cost to each task based on the estimated effort, resources required, and any other relevant factors.
05
Sum up the costs of all tasks within each major deliverable to obtain the total cost for that deliverable.
06
Repeat the process for all major deliverables until you have determined the total cost for the entire project.

Who needs work breakdown structure-based cost?

01
Work breakdown structure-based cost is needed by project managers, cost estimators, and stakeholders involved in project planning and budgeting.
02
It helps in accurately estimating and allocating costs to different work components or deliverables within a project.
03
By having a breakdown of costs at a task level, it allows for better cost control, monitoring, and decision-making throughout the project lifecycle.
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Work breakdown structure-based cost is a cost estimation method that breaks down a project into smaller, more manageable components to accurately estimate the costs associated with each work package.
Contractors and project managers are required to file work breakdown structure-based cost for projects.
Work breakdown structure-based cost can be filled out by breaking down the project into smaller work packages, estimating the cost for each package, and summarizing the total cost for the project.
The purpose of work breakdown structure-based cost is to provide a detailed cost breakdown of a project, allowing for better cost estimation, budgeting, and resource allocation.
Information reported on work breakdown structure-based cost includes cost estimates for each work package, total project cost, and any budget constraints.
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