estimated costing

简明释义

估计成本计算

英英释义

Estimated costing refers to the process of calculating the expected costs associated with a project or product before it is completed or produced.

估算成本是指在项目或产品完成或生产之前,计算与之相关的预期成本的过程。

例句

1.The contractor provided an estimated costing for the renovation project, which included all materials and labor.

承包商提供了翻新项目的估算成本,其中包括所有材料和人工费用。

2.During the meeting, the team discussed the estimated costing for each phase of the project.

在会议期间,团队讨论了项目每个阶段的估算成本

3.Before we proceed, we need to review the estimated costing for the marketing campaign.

在我们继续之前,我们需要审查市场营销活动的估算成本

4.The estimated costing for the new software development is higher than we initially anticipated.

新软件开发的估算成本比我们最初预期的要高。

5.We need to finalize the estimated costing before submitting the proposal to the client.

在向客户提交提案之前,我们需要确定估算成本

作文

In today's fast-paced business environment, effective financial planning is crucial for the success of any project. One of the key components of this planning is the concept of estimated costing. This term refers to the process of predicting the expenses associated with a project before it begins. It involves analyzing various factors such as labor, materials, overhead, and other resources that will be required to complete the project. By accurately assessing these costs, businesses can make informed decisions about budgeting and resource allocation.The importance of estimated costing cannot be overstated. First and foremost, it helps organizations avoid budget overruns. When companies have a clear understanding of their expected expenses, they can allocate funds more effectively and ensure that they do not exceed their financial limits. This is particularly important in industries such as construction and manufacturing, where unexpected costs can lead to significant financial losses.Moreover, estimated costing plays a vital role in project management. Project managers rely on accurate cost estimates to develop timelines and milestones. If the estimated costs are too low, it can result in delays and disruptions as teams scramble to find additional funding or resources. Conversely, if the estimates are too high, it may deter stakeholders from investing in the project. Therefore, striking the right balance in estimated costing is essential for maintaining stakeholder confidence and ensuring smooth project execution.Additionally, estimated costing is important for competitive analysis. In many industries, companies must submit bids for projects, and these bids often hinge on accurate cost estimates. A company that can provide a lower estimate while still maintaining quality is more likely to win contracts. Thus, having a robust system for estimated costing can give businesses a competitive edge in the marketplace.Furthermore, the process of estimated costing encourages businesses to analyze their operations critically. By breaking down costs into specific categories, organizations can identify areas where they can cut expenses or improve efficiency. For example, if a company realizes that its material costs are significantly higher than industry standards, it may explore alternative suppliers or negotiate better rates. This kind of analysis not only aids in cost estimation but also fosters a culture of continuous improvement within the organization.In conclusion, estimated costing is a fundamental aspect of financial planning and project management. It allows businesses to forecast expenses accurately, manage budgets effectively, and maintain competitiveness in the market. By investing time and resources into developing precise cost estimates, organizations can enhance their decision-making processes and ultimately achieve greater success. As the business landscape continues to evolve, the significance of estimated costing will only grow, making it an essential skill for professionals across all industries.

在当今快节奏的商业环境中,有效的财务规划对于任何项目的成功至关重要。这个规划的关键组成部分之一是估算成本的概念。这个术语指的是在项目开始之前预测与之相关的开支的过程。它涉及分析各种因素,例如劳动力、材料、间接费用以及完成项目所需的其他资源。通过准确评估这些成本,企业可以就预算和资源分配做出明智的决定。估算成本的重要性不容小觑。首先,它帮助组织避免预算超支。当公司清楚了解其预期开支时,他们可以更有效地分配资金,确保不会超过财务限制。这在建筑和制造等行业尤为重要,因为意外成本可能导致重大财务损失。此外,估算成本在项目管理中也起着至关重要的作用。项目经理依赖于准确的成本估算来制定时间表和里程碑。如果估算成本过低,可能会导致延误和干扰,因为团队急于寻找额外的资金或资源。相反,如果估算过高,可能会使利益相关者对投资该项目产生犹豫。因此,在估算成本中找到合适的平衡对于维护利益相关者信心和确保项目顺利执行至关重要。此外,估算成本对于竞争分析也很重要。在许多行业中,公司必须提交项目投标,而这些投标通常取决于准确的成本估算。能够在保持质量的同时提供较低估算的公司更有可能赢得合同。因此,拥有一个强大的估算成本系统可以为企业在市场上提供竞争优势。此外,估算成本的过程鼓励企业批判性地分析其运营。通过将成本细分为具体类别,组织可以识别出可以削减开支或提高效率的领域。例如,如果一家公司意识到其材料成本远高于行业标准,它可能会探索替代供应商或谈判更好的价格。这种分析不仅有助于成本估算,还在组织内部培养了持续改进的文化。总之,估算成本是财务规划和项目管理的基本方面。它允许企业准确预测开支,有效管理预算,并在市场中保持竞争力。通过投入时间和资源来制定精确的成本估算,组织可以增强其决策过程,最终实现更大的成功。随着商业环境的不断演变,估算成本的重要性只会增加,这使其成为各行业专业人士必备的技能。

相关单词

estimated

estimated详解:怎么读、什么意思、用法

costing

costing详解:怎么读、什么意思、用法