Civil Courses
Cost Estimation |
| A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. Cost estimation in project management is the process of forecasting the financial and other resources needed to complete a project within a defined scope. Once the project is in motion, the cost estimate is used to manage all of its affiliated costs in order to keep the project on budget. |
Course Content |