Overview
Using the rough project estimate method, each item on the estimate is a summary task or material which acts as a placeholder for specific costs or revenue you want to reflect on the budget of the project.
Who uses this feature
Any business using project management
Anybody who runs and uses projects in ServiceTitan
Things to know
Rough estimates are beneficial when:
You don't know exactly what materials or equipment will be used in order to create the estimate.
You need a quick way to create a budget for a project.
You need flexibility for scenarios where you need a budget, but don't have all the required information to make a line item estimate.
Use case
Long-term, large-scale projects or contracts, setting a budget without knowing which specific material or equipment tasks will be used.
Rough estimate workflow
To use the rough estimate method, you need to:
Set default project labels for pricebook items, job types, and technicians to streamline the labeling of expense items in projects. Labels are used to organize expenses in the Budget vs Actual table.
Create and assign default labels and project label hierarchies to necessary pricebook items for easier creation of budgets.
Create your estimate and then build out your estimate with the summary items you created in your pricebook. If you've set up your default project labels correctly, your budget will automatically populate according to your label setup.
