My First TaskMy First Task

Planning · Free browser tool

Free Project Budget Calculator

Build a simple labor and non-labor project estimate with an explicit contingency allowance.

Updated

What does this calculator do?

A project budget combines expected resource costs with a visible allowance for uncertainty so the assumptions can be reviewed.

Calculate your result

Free · No account required

Total hours across all contributors.

One consistent currency.

Materials, licenses or other direct costs.

Planning allowance applied to the subtotal.

Your entries stay in this browser session. Download or copy anything you want to keep.

Formula or structure

Base budget = labor hours × hourly cost + non-labor costs; total = base × (1 + contingency / 100)

Worked example

120 hours × 50 + 1,000 = 7,000 base cost. A 10% allowance adds 700, making 7,700 in the chosen currency.

How to use it

  1. Read the field descriptions and use one consistent set of units.
  2. Enter your own figures or select Load example to inspect a worked scenario.
  3. Review the result alongside the assumptions below.
  4. Copy or download the output, then assign the next action in your planning workflow.

Assumptions and interpretation

This is a planning estimate. It excludes tax, exchange rates and contract terms, and does not determine an appropriate contingency for your project.

Read the practical guide

Questions about this tool

How does the project budget calculator work?
A project budget combines expected resource costs with a visible allowance for uncertainty so the assumptions can be reviewed.
Do I need an account to use this tool?
No. This tool is free to use in your browser without signing in. My First Task is optional if you want to manage the resulting work in a shared workspace.
Are my inputs uploaded or saved?
The tool processes inputs locally in the browser and does not upload them or store them in an account. Copy or download any results you want to keep before leaving the page.

Related tools

Sprint Capacity Calculator

Estimate available team hours after leave and focus allocation before committing to sprint work.

Explore

Meeting Cost Calculator

Estimate the staff-time cost of a meeting using attendee count, duration and a loaded hourly cost.

Explore

PERT Estimate Calculator

Combine optimistic, most likely and pessimistic estimates into a weighted planning estimate.

Explore

Turn the plan into shared work

Give each next action an owner, a completion condition and a realistic date. My First Task brings tasks, boards, project workflows and issue tracking into one workspace.

Open My First TaskExplore features