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Rough Order of Magnitude (ROM) Estimates

6/11/2020

3 Comments

 
I had a recent conversation in a freelancing group about how to productize services.  One of the questions was how to create a cost estimate given much of what we do is not well defined. To address this, I created a rough order of magnitude (ROM) estimation spreadsheet as a tool to quickly pull together an estimate.  I know there are many templates and tools out there that do this, but I wanted to create something simple that took into account the need for contingency as well as provided an easy framework to capture scope.   Let me know if you find this useful.  YMMV

You can view the Google Sheet here:
docs.google.com/spreadsheets/d/1N02uHDAiLKoKiE8CJH6fpkQ1QfVOxw5jap_mPEqekl0/edit?usp=sharing
Picture
3 Comments
Tanya Fraser
10/26/2021 02:10:39 am

Thanks for sharing A great quick template!

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Ron Thornton link
5/19/2022 03:14:43 pm

Hi Kari, I'm a new startup and this template is just what I was looking for! Thanks for your generosity!

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Thays Weinberg link
8/24/2023 05:41:39 am

Hey, would you be able to provide the template? The link does not work anymore.

Reply



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