The purposes of this study were to determine what characterizes a useful cost estimating model at the community college level, to implement at a community college the Resource Requirements Prediction Model 1.6 (RRPM) developed by the National Center for Higher Education Management Systems, to identify problems associated with implementation and evaluate the strengths and weaknesses of the model's operation, and to study the feasibility of its implementation for a state two-year college system. The project was conducted in the State of Washington at an unnamed community college which was assumed to be representative of other state two-year institutions. It was concluded that the computer-based long-range prediction model was an efficient, flexible, accurate, and economical way of simulating a variety of alternative conditions. While some limitations of the cost prediction model were found--notably in the ability of the RRPM to handle inflation costs--overall the strengths of the RRPM outweighed any discovered limitations. Relative ease of usage, its low cost, and associated output benefits make the RRPM a technically feasible and advantageous option for the community colleges in the state. (Author/JDS)