Thursday, December 2, 2010

Estimating Costs and Allocating Resources

I was able to find two great resources which will both have their benefits to estimating cost and allocating resources.  The first is a list of average/approximate costs that could be used in order to create an estimate.  The second is a spreadsheet that can be used to enter all of the different things that you will need to keep track of in your budget.
This site provides a listing of the average costs for several different things that you will need during your instructional design process.  These obviously will not be the exact costs that you will have but they can give you a starting point on which to gage your possible costs.  It is always good to have some sort of baseline comparison when creating your budget.  If you have nothing to compare costs to then you will not know if you are getting  good deal or a bad one.
This site will allow you to either create an account with them and have your budget calculated for you or download their spreadsheet in order to help calculate the budget yourself.  You could use the spreadsheet they provide in order to organize your costs for your budget.  You could even possibly use some of the cost estimates from resource 1 in order to fill in some of the costs.

1 comment:

  1. Great resources....It really helps to see all the details listed with the time and cost. However, it make me really aware of how much I don't know and haven't yet considered. I saved your second resource. I found a few similar but with a whole lot more detail. My project I am working on isn't that technical.
    I wonder how much the prices vary depending on what part of the country you are from?

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