Elements and Performance Criteria
- Gather information
- Details of the particular service and competition services are obtained
- Details of the proposed service requirements are obtained and analysed
- Labour unit cost projections are obtained and agreed
- Logistic support contracts, supply agreements or equivalent are obtained and analysed
- Details of proposed warehousing and physical distribution systems and related cost factors are obtained
- Information is converted to usable form and stored ready for retrieval and application
- Estimate materials and labour
- Determine/calculate overheads
- Calculate costs
- Document details and verify where necessary