Here is the translation of the provided text:<\/p>\n
**Subject of the Law:**<\/p>\n
This order approves the Methodology for Calculating the Cost of Public Investment Projects. The methodology defines the basic requirements for calculating the cost of projects, the principles and approaches to estimating costs at all stages of their life cycle. It should be applied by project initiators during their preparation.<\/p>\n
**Structure of the Law:**<\/p>\n
The order consists of the following sections:<\/p>\n
* General Provisions: define the scope and terms.
\n* Basic Principles for Calculating Project Cost: include measures to minimize the risk of underestimation of the project cost.
\n* Categories of Costs Requiring Assessment: define the costs of preparation, implementation, operation and closure of the project.
\n* Separate sections detail each type of cost, methods of their estimation, consideration of risks, cash flow within the project and indicators of cost analysis.
\n* The appendix contains a form for presenting costs within the project.<\/p>\n
**Main Provisions:**<\/p>\n
* The methodology requires taking into account all costs necessary to achieve the expected result of the project, including equipment for its proper functioning.
\n* Three main methods of cost estimation are defined: the method of similar projects, the parametric method and the engineering method.
\n* Particular attention is paid to considering the risks that may affect the cost of the project, and measures for their control and mitigation.
\n* For the analysis of the total cost of the project, it is recommended to use the indicators of present value, equivalent annual cost and average cost per one service recipient or unit of production.
\n* Amendments introduced by Order No. 354 of July 15, 2025, clarify certain provisions of the Methodology and adapt it to modern conditions.<\/p>\n