Proposing a budget

Direct costs:

  • Hardware (equipment)
  • Software
  • Materials
  • Travel

Consider hiring equipment/software as an option if the project is a one-off.

Indirect costs:

  • Wages (hourly rate for each team member)
  • Crew (paid by experience, small daily cost)
  • Services used

Other costs:

  • Promotion & Marketing (advertising, promotional goods)
  • Event costs

Contingency plan for costing:

  • Flat % for total budget
  • Each (susceptible) cost
  • Hybrid of above

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