Template: SLDP: Cost Estimate (VEX)
From EG1004 Lab Manual
Cost Estimate
Once a robot design is complete, a cost estimate must be generated that specifies the cost of all the materials and labor required for the construction of the design. Tabulate this cost information clearly in an Excel spreadsheet, using the materials cost list provided. Help in calculating the cost is available by reviewing how to plan the schedule and calculate costs for a project. The costs for the parts can be found on the price list for VEX parts for robot projects.
The cost estimate should include the following:
- Labor cost breakdown with hours and rates
- Consolidate low-cost pieces: axles, beams, bricks, bushings, connectors, gears, plates
- Consolidate electrical components: microcontrollers, breadboard, wires, battery, motor shield, etc.
- Itemize high-cost pieces: sensors and motors
- Total cost must be shown in the bottom right corner