Project cost calculator

An example

Calculated from the example figures shown. Change the inputs and calculate again to compare.

Salary value of the delay£32,692

This values staff time. It is not a prediction of lost revenue or cash savings: people may still do useful work while a project is delayed.

How it is calculated

Hourly salary cost = annual salary ÷ 2,080 working hours.
A working day is 8 hours; a working week is 40 hours. The model uses 260 working days, 52 weeks or 12 months per year, without deducting leave.
Cost = hourly salary cost × people affected × hours lost × occurrences. One-off delays use one occurrence; recurring delays cover a full year.
Salary excludes employer contributions, overheads and any separate project costs. Only count hours affected by the delay, rather than all elapsed project time.

Working on the wider business case?

A number can show the scale of a delay. The next step is understanding what is keeping the work from moving.

Prepare a message, then open it in your email app to review and send.

Privacy · Prefer to write directly? info@inso.gg