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3 Major Outputs Of Estimate Costs For Projects

 

 

In my previous articles, I have talked about some of the tools and techniques that can be used when estimating the cost for projects. In this article, I want to look at the three major outputs of estimate costs for projects. Follow me as we look at that together in this article.

 

#1 Cost Estimates

Cost estimates include quantitative assessments of the probable costs required to complete project work, as well as contingency amounts to account for identified risks, and management reserves to cover unplanned work.

3 Major Outputs Of Estimate Costs For Projects

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