Definitions for "Estimating" Add To Word List
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Calculating approximately the probable cost or value. [D00624] NPMT The act of combining the results of post project review metrics, consultation and informed assessment to arrive at time and resource requirement s for an activity. [D00625] WST An assessment of the anticipated cost of implementing all or part of a project. [D03842] PNG
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Determining the probable cost of future work by measuring plans etc. Etagere: A set of shelves either fixed back to the wall or self supporting used as a display rather than storage sometime with glass doors.
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The process of determining the cost of a project. Estimating typically results in a ballpark cost estimate and usually occurs prior to signing a final contract.
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The process of calculating the cost of a project; can be a formal and exact process, or a quick and imprecise process
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To calculate the costs of a job.
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