Cost Estimation
(การประเมินต้นทุน)
Definition
Cost Estimation (การประเมินต้นทุน) Hard Skill
The process of forecasting the expenses associated with a project or task by analyzing resource requirements, labor, materials, and other cost factors to ensure accurate budgeting and financial planning.
Expertise Level
Level 1
Basic
1. Understands fundamental cost components such as labor, materials, and overhead.
2. Can perform simple cost calculations using basic formulas or tools.
3. Recognizes the importance of accurate cost estimation in budgeting.
Level 2
Intermediate
1. Able to estimate costs for moderately complex projects including multiple cost factors.
2. Uses historical data and cost estimation software to improve accuracy.
3. Can identify and adjust for variables and potential risk factors influencing costs.
Level 3
Advanced
1. Develops comprehensive cost estimation models for large or complex projects.
2. Integrates cost estimation with overall project management and financial strategies.
3. Analyzes and forecasts cost trends considering market fluctuations and economic factors.
Ministry of Higher Education
Science, Research and Innovation
Call Center 1313
328 Si Ayutthaya Rd., Thung Phaya Thai, Ratchathewi, Bangkok 10400 Tel. 02-610-5200 Fax. 02-354-5524.
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