Abstract: A computer system for determining an escalated estimated project cost and an estimated schedule for a project including a plurality of activities having a plurality of cost items. The computer system is operable to determine: a critical path for the project based on the amount of critical days to include on the critical path for each activity, a pre-escalation cost for each cost item of each activity, a pre-escalation cost for each activity, a pre-escalation total project cost, a cost escalation for each activity, a cost escalation for the project, and an escalated estimated cost of the project, and the computer system is operable to generate a report of the pre-escalation total project cost, the escalated estimated project cost, and the estimated project schedule based on the critical path.