In short, this is a whole new costing area that would need to be undertaken.
( ( In short ) ( , ( this ( ( is ( ( a ( whole ( new ( costing area ) ) ) ) ( that ( would ( need ( to ( be undertaken ) ) ) ) ) ) ) . ) ) ) )
(ROOT (S (PP (IN In) (ADJP (JJ short))) (, ,) (NP (DT this)) (VP (VBZ is) (NP (NP (DT a) (JJ whole) (JJ new) (NN costing) (NN area)) (SBAR (WHNP (WDT that)) (S (VP (MD would) (VP (VB need) (S (VP (TO to) (VP (VB be) (VP (VBN undertaken))))))))))) (. .)))
In a nutshell, this new costing area would need to be undertaken- those were the last words I heard from him.
( ( ( ( ( In ( a nutshell ) ) ( , ( ( this ( new ( costing area ) ) ) ( would ( need ( to ( be undertaken ) ) ) ) ) ) ) - ) ( those ( were ( ( the ( last words ) ) ( I ( heard ( from him ) ) ) ) ) ) ) . )
(ROOT (S (S (PP (IN In) (NP (DT a) (NN nutshell))) (, ,) (NP (DT this) (JJ new) (NN costing) (NN area)) (VP (MD would) (VP (VB need) (S (VP (TO to) (VP (VB be) (VP (VBN undertaken)))))))) (: -) (S (NP (DT those)) (VP (VBD were) (NP (NP (DT the) (JJ last) (NNS words)) (SBAR (S (NP (PRP I)) (VP (VBD heard) (PP (IN from) (NP (PRP him))))))))) (. .)))