COST FUNDAMENTALS

Module Outcomes

Practical training on understanding true project costs, allocating overheads, and improving estimating to run profitable projects and win more work.

• Track and allocate all cost types so daily running costs are reflected in project pricing.
• Calculate overheads and add a separate profit margin to ensure sustainable margins.
• Use past job data to determine true project profit and create a feedback loop for better future quotes.
• Know when to use a qualifying budget and when to prepare a full estimate.
• Adopt systems and techniques that reduce chaos, save time, and improve your win rate.

Takeaway: accurate costing plus simple estimating systems turns past data into reliable quotes and predictable profit