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United States Environmental Protection Fancywork Breakdown StructureBased Cost Model for Packed Tower Aeration Drinking Water TreatmentOffice of Water (4607M) EPA ********* December, 2017WBSBased

How to fill out work breakdown structure-based cost

How to fill out work breakdown structure-based cost

1. To fill out work breakdown structure-based cost, follow these steps:
2. Identify the major deliverables of the project. These are the key outcomes or results that need to be achieved.
3. Break down each major deliverable into smaller work packages. These work packages should be manageable, measurable, and clearly defined tasks.
4. Assign a cost estimate to each work package. This estimate should include all the necessary resources, such as labor, materials, and equipment, required to complete the task.
5. Roll up the costs of all the work packages to determine the cost estimate for each major deliverable.
6. Review and validate the cost estimates to ensure they are realistic and aligned with the project objectives.
7. Document the cost estimates in the work breakdown structure, ensuring that each work package is associated with its corresponding cost.
8. Regularly update and revise the cost estimates as the project progresses and new information becomes available.
9. Use the work breakdown structure-based cost to track and control project costs, identify cost variances, and make informed decisions regarding resource allocations.

Who needs work breakdown structure-based cost?

1. Work breakdown structure-based cost is beneficial to various stakeholders involved in a project, including:
2. - Project managers: They use cost estimates derived from the work breakdown structure to create project budgets, allocate resources, and monitor project costs.
3. - Project teams: They refer to the work breakdown structure-based cost to understand the cost implications of their tasks and ensure they stay within budget.
4. - Clients or customers: They rely on the work breakdown structure-based cost to evaluate the financial viability of a project and make informed decisions about its implementation.
5. - Executives or management: They use the work breakdown structure-based cost to assess the profitability and feasibility of a project, and determine its alignment with business goals and objectives.
6. - Stakeholders: They can review the work breakdown structure-based cost to gain insight into the financial aspects of a project and understand its impact on the organization.

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What is work breakdown structure-based cost?

Work breakdown structure-based cost is a method of estimating project costs by breaking down the project into smaller, more manageable components.

Who is required to file work breakdown structure-based cost?

Contractors and project managers are typically required to file work breakdown structure-based cost.

How to fill out work breakdown structure-based cost?

To fill out work breakdown structure-based cost, one must break down the project into smaller tasks, estimate the cost of each task, and then sum up the costs to get the total project cost.

What is the purpose of work breakdown structure-based cost?

The purpose of work breakdown structure-based cost is to provide a detailed breakdown of project costs, which helps in budgeting, resource allocation, and project tracking.

What information must be reported on work breakdown structure-based cost?

Information such as task descriptions, estimated costs, resources required, and project timeline must be reported on work breakdown structure-based cost.