total cost estimates

USAGE SUMMARY

The phrase "total cost estimates" is correct and usable in written English.
It can be used when discussing the projected overall expenses associated with a project, product, or service. Example: "Before we proceed, we need to review the total cost estimates to ensure we stay within budget."

✓ Grammatically correct

Science

News & Media

Human-verified examples from authoritative sources

Exact Expressions

26 human-written examples

The range of total cost estimates was between $36.5 million (CPI regional, health and personal care, last year) and $44.0 million (CPI regional, all items, median year).

Health Economics Review

As estimated by Brüggenjürgen and Reinhold, 50 64 % of total costs in the first year were spent on treatment within the acute phase, and 80 85 % of total cost estimates were reached within 6 months after the event [13, 17].

Health Economics Review

No total cost estimates for the bomber are available.

Huffington Post

Everything Else Many colleges and universities will pad their total cost estimates to account for various personal expenses that not every student requires.

Huffington Post

Total cost estimates for accommodation, travel/transportation, and parking were self-reported.

BMC Health Services Research

Total cost estimates from the questionnaire agreed with those from the databases.

BMC Medical Research Methodology

Human-verified similar examples from authoritative sources

Similar Expressions

34 human-written examples

No total cost estimate was available yesterday.

The New York Times

In an interview, Dr. Pillinger declined to disclose the lander's benefactors and total cost, estimated publicly at about $60 million -- a pittance by industry standards.

The New York Times - Science

" 'Why should we go ahead and grant you another resource?" Neither Congress nor the Bush administration has made a final decision about the plan, with total cost estimated at $319 million, with the federal government paying 65percentt.

The New York Times

Total cost estimated by the NRC report was $3 billion.

SEP

The total cost estimate for all three tasks in each achievement test was approximately $1162.00.

Asian-Pacific Journal of Second and Foreign Language Education

Expert writing Tips

Best practice

When presenting "total cost estimates", always specify the currency and the year to which the estimates apply. This ensures clarity and allows for easy comparison across different time periods and projects.

Common error

Avoid underestimating "total cost estimates" by failing to include indirect costs such as administrative overhead, opportunity costs, or potential cost overruns due to unforeseen circumstances. Always conduct a thorough analysis to identify and quantify all relevant cost components.

Linguistic Context

The phrase "total cost estimates" functions as a noun phrase. It typically acts as a subject, object, or complement in a sentence. As seen in Ludwig, it is used to refer to the projected or calculated expenses associated with something.

Expression frequency: Common

Frequent in

Science

60%

News & Media

30%

Formal & Business

10%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "total cost estimates" is a commonly used and grammatically correct noun phrase that refers to the projected expenses associated with a project, product, or service. As Ludwig AI indicates, it is primarily used in scientific, news, and business contexts. To enhance clarity, it's best to specify the currency and year when presenting these estimates. A common error is neglecting indirect costs, leading to underestimation. Alternatives include "overall cost projections" and "complete expense assessments". Accuracy can be improved through thorough research and regular updates.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

overall cost projections

Focuses on projecting the overall expenses, emphasizing the forecasting aspect.

complete expense assessments

Highlights a thorough evaluation of all expenses involved.

projected total expenditure

Replaces "cost estimates" with a more formal term, "expenditure".

anticipated total expenses

Emphasizes the anticipation of expenses, suggesting a forward-looking view.

estimated aggregate costs

Uses "aggregate" to specify the sum of all costs.

total estimated outlay

Replaces "costs" with "outlay", a term often used in financial contexts.

forecasted total cost

Highlights the forecasting of the overall cost.

predicted total expenses

Emphasizes the prediction of total expenses.

comprehensive cost analysis

Shifts focus to the analysis leading to the cost estimation, stressing comprehensiveness.

budgeted total costs

Highlights the inclusion of the costs within a budget framework.

FAQs

How are "total cost estimates" typically calculated?

They are usually calculated by summing up all direct and indirect costs associated with a project, product, or service. This includes labor, materials, overhead, and any other relevant expenses.

What factors can affect the accuracy of "total cost estimates"?

Factors like unforeseen delays, changes in material prices, scope creep, and inaccurate initial assumptions can significantly impact the accuracy of "overall cost projections".

What is the difference between a "total cost estimate" and a budget?

A "total cost estimate" is a prediction of what something will cost, while a budget is a plan for how money will be spent. The estimate informs the budget.

How can I improve the accuracy of my "total cost estimates"?

Conduct thorough research, consult with experts, use reliable data, and regularly update your estimates as new information becomes available. Consider performing a sensitivity analysis to understand how changes in key assumptions impact the "projected total expenditure".