Calculating approximately the probable cost or value. [D00624] NPMT The act of combining the results of post project review metrics, consultation and informed assessment to arrive at time and resource requirement s for an activity. [D00625] WST An assessment of the anticipated cost of implementing all or part of a project. [D03842] PNG
Determining the probable cost of future work by measuring plans etc. Etagere: A set of shelves either fixed back to the wall or self supporting used as a display rather than storage sometime with glass doors.
The process of determining the cost of a project. Estimating typically results in a ballpark cost estimate and usually occurs prior to signing a final contract.