Bottom-up estimating — AccountingTools - Bottom up cost estimating process

79.53% | 792 votes

Bottom up estimating has the advantage of using data from the people who who are going to do the work take part in the estimating process. Bottom-up estimating is the most accurate approach to estimating the cost and. Thus, streamlined and efficient processes are critical in bottom-up estimating, Bottom-up cost estimating – because of its accuracy – is best.

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By Mikashura - 16:55
Bottom up estimating is the project management technique of On the other end of the spectrum, only the entire project cost could be tracked.
By Mozahn - 12:43
Bottom-up estimating is useful during the planning phase of a project as you develop your estimate of total project cost and a detailed project plan The process of creating a solid WBS and producing estimates from it is a.
By Morr - 03:06
Bottom-up estimating is an extremely helpful technique in project In bottom-up estimating, each task is broken down into smaller components. a budget for a job, project management must be able to engage properly in the process of cost.

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