For more complex or multi-part tasks, use a summary row (rows in gray) to break them down further into level 3 tasks.įor each bottom-level Task, select the necessary Resources (be they human or otherwise). Within each category, all related tasks are given their own row as Level 2 Tasks. Instead, a project budget template like this one lets you enter your costs to calculate an estimated budget.īreak your project budget down into main categories, represented by blue rows. That way, you won't forget to break each project down into tasks, and then consider the materials, labor, fixed costs, and various other expenses of each task. And since building your own spreadsheet from scratch takes time, it's helpful to have a budget spreadsheet template with all the columns already set up and labeled. To make sure that your estimate is based on the best information possible, it's helpful to have a spreadsheet that lays out each part of your project, and the labor, materials, and other costs required for each part to be successfully completed. The difference between an estimate and a guess is that smart people make estimates, and estimates are based on information. No matter what you've heard about the power of positive thinking, when it comes to your budget, being optimistic and just making a guess is a bad idea. A budget, in case you're in charge of Boston's Big Dig and haven't heard of one, is a careful estimate of what your project will cost.
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