Material and Labour Estimate is a comprehensive document detailing the projected costs of materials and labor required for a specific project. It breaks down the estimated expenses involved in the construction or production process, providing a clear overview of the financial aspects of the project. This estimate typically includes the costs of raw materials, equipment, tools, supplies, as well as the labor fees for workers involved in the project. By creating a Material and Labour Estimate, project managers and stakeholders can better understand the budget requirements and ensure that the necessary resources are allocated efficiently. This document serves as a crucial tool in planning and executing projects while maintaining cost control throughout the process.