Budgeting Continuous Improvements and Process Estimating
1. Problem or Opportunity Statement
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1. Problem or Opportunity Statement
Abstract:
The client for whom the claim is to be determined has furnished the following files and formats
Description
1) Purpose: This slide deck allows the user to quickly develop a training presentation for how estimates are developed. It may be easily customized to reflect any specific SOP’s.
Project estimating is one of the most critical components of PM. Done well, an accurate estimate helps to ensure project success. Done poorly, or not at all and the project can incur significant impacts. As important as Total Installed Cost (TIC) is to the success of a project, there are areas that are often overlooked in the estimates.