Menu

What Makes a Great Conceptual Cost Estimate? 7 Factors to Consider

Years back, my boss used to say “You will know whether your estimate is accurate or not, only after the project is finished”. This is so true. Estimating is not an exact science and by definition, the estimated number is only a predicted outcome. Conceptual estimates start with the feasibility or order of magnitude estimate

The post What Makes a Great Conceptual Cost Estimate? 7 Factors to Consider appeared first on Project Control Academy.

Leave a Reply

Your email address will not be published. Required fields are marked *