Estimation variables

material_cost_per_unit = 500 # Material cost per unit (in local currency)
labour_cost_per_hour = 150 # Labour cost per hour
project_duration_in_days = 30 # Total project duration
working_hours_per_day = 8 # Working hours per day
total_material_units = 200 # Total number of material units needed
total_labour_hours = project_duration_in_days * working_hours_per_day # Total labour hours

Estimation calculations

total_material_cost = material_cost_per_unit * total_material_units # Total material cost
total_labour_cost = labour_cost_per_hour * total_labour_hours # Total labour cost

Including additional costs (like taxes or transport)

additional_cost_percentage = 0.10 # 10% additional cost for taxes, transport, etc.
additional_cost = (total_material_cost + total_labour_cost) * additional_cost_percentage

Final estimated project cost

final_estimated_cost = total_material_cost + total_labour_cost + additional_cost

Display the result

print("--- Project Estimation Summary ---")
print(f"Material Cost: {total_material_cost} local currency")
print(f"Labour Cost: {total_labour_cost} local currency")
print(f"Additional Costs (Taxes/Transport): {additional_cost} local currency")
print(f"Total Estimated Cost: {final_estimated_cost} local currency")