Understanding project cost estimation: A complete breakdown
It doesn’t matter how much time you spend planning a project, creating proposals, or talking to your client—if you don’t get your project cost estimation right, all of your hard work will be for nothing. Project cost estimations help you predict how much you should charge a client for an upcoming project. But if you get it wrong, you’re suddenly tied to a project that doesn’t make your agency a profit and wastes valuable team resources.