A topdown and bottomup estimate

Stage 1

Time 8 weeks

Stage 2 8 weeks

Stage 3 10 weeks

Stage 4 15 weeks

Stage 5 15 weeks

Cost $20,000 Quality

$25,000

$45,000

$65,000

Feasibility study report

Needs analysis report

Design report

Developed solution

Tested, implemented solution

Quality

Gathered data

Drafted report

Reviewed report

Amended report

Approved report

Presented report

Cost

$3,000

$8,000

$2,000

$4,000

$2,000

$1,000

Time

1 week

2 weeks

2 weeks

1 week

1 week

1 week

Top-down and bottom-up estimating allows planning to take place at both project and stage levels, and helps overcome the challenge of the future becoming more uncertain the further ahead you look.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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