0
A Rough Cost Estimate is an initial estimate that uses prior experience and other non-project data to estimate the cost of a project. It is also called a Rough Order of Magnitude (ROM) estimate, or a Conceptual Estimate. The Rough Cost Estimate is used for project screening, or deciding which among several projects to proceed with.
Still curious? Ask our experts.
Chat with our AI personalities
EzraFaith is not about having all the answers, but learning to ask the right questions.
Chat with Ezra
ReneChange my mind. I dare you.
Chat with Rene
ViviYour ride-or-die bestie who's seen you through every high and low.
Chat with ViviAdd your answer:
Earn +20 ptsQ: What is rough estimation?
Write your answer...
Submit
Still have questions?
Continue Learning about Basic Math
What is clustering estimation?
it is a method of estimation used in school e.g 698,656,675,689=700,700,700,700next step is to multiply 700 X 4=2800
What is the front end estimation for 4.3456?
4
What is the estimation of 36499 to the nearest thousand?
It is 36000.
What would the answer be finding the front end estimation for 586?
It is 600.
What is rounding a number to a one nonzero digit?
It is front-end estimation.
Trending Questions
What is the greatest common factor of 500 and 625?
What pitch is a M3 above an F-sharp?
What size bra should a 18 year old have?
950 square feet equals how many square yards?
What is 32450 to the nearest hundred?
What is 645000 rounded to the nearest thousands?
Can you list all the factors of 28?
How many prime numbers are there from 1 to 2000000?
What is the greatest common factor of 70 and 105?
What are the first ten multiples of 58?
What number is represented when no parts are shaded from a fraction?
What are the common multiples of 2 and 4?
The number ten has four factors. What is the next number with exactly four factors?
What is the difference between about to and going to?
Prime factorization of 980?
What is 34762 rounding to the tens?
0.044 as a percent?
What is the difference between Csharp and vb?
What is the seventh composite number?
What is 10 percent of 1.1 million?
Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.