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United States Environmental Protection Fancywork Breakdown StructureBased Cost Model for Biological Drinking Water TreatmentOffice of Water (4607M) EPA ********* September 2021WBSBased Cost Model
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01
Start by listing all the tasks or components of the project that need to be completed.
02
Break down each task into smaller, more manageable sub-tasks.
03
Assign a cost estimate to each sub-task based on the resources required and the time it will take to complete.
04
Sum up the cost estimates for all the sub-tasks to get the total cost for each main task.
05
Continue this process for all the main tasks until you have a complete breakdown of costs for the entire project.

Who needs work breakdown structure-based cost?

01
Work breakdown structure-based cost is beneficial for project managers, team leaders, and anyone involved in project planning and cost estimation.
02
It helps in accurately estimating the budget for a project and ensuring that all the necessary tasks and costs are accounted for.
03
This information is crucial for making informed decisions, allocating resources effectively, and tracking the financial progress of the project.
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Work breakdown structure-based cost is a method of estimating the cost of a project by breaking it down into smaller, more manageable components.
Companies and organizations involved in projects that require detailed cost estimates are required to file 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 for each task, and then aggregate the costs to get the total project cost.
The purpose of work breakdown structure-based cost is to provide a detailed and accurate estimate of the cost of a project, which can help in budgeting, resource allocation, and decision-making.
The work breakdown structure-based cost report must include a breakdown of the project tasks, estimated costs for each task, total project cost, and any assumptions or uncertainties in the cost estimates.
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