Challenge

Estimate the fixed costs associated with delivering a new service. If you don’t have a service in mind, then go with this one:

Your organisation is proposing to provide online and face-to-face training for a large, public-sector organisation.

Acceptance criteria

Use a spreadsheet with the following layout:

Cost item Estimated amount
Item A £–
Item B £–
Total fixed costs £–

Set the currency of the estimates to match your local currency.

Resources

A fixed cost is one that will not change regardless of any other variables (such as the number of people, or the size of the files to be stored).

Wikipedia: Fixed cost