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# What is rough estimation?

Updated: 4/28/2022

Wiki User

11y ago

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.

Favour Epingi

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3y ago

Laverna Senger

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3y ago
nice ?

Ethel Hauck

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3y ago
nice, tyy ?

Phyllis Larkin

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3y ago
Are you sure

Jana Lockman

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Cristobal Kuhlman

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3y ago
can you explain how you know?

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Q: What is rough estimation?
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Related questions

### How do you determine if a product is reasonable?

With a rough estimation.

### What is the method of making a rough measurement?

A method of making a rough measurement is: Estimation Answered by :PopTy13

### When need rough estimation?

A rough estimate is given when the situation does not require the exact numbers to be given.

### How could estimation be helpful?

Estimation enables you to obtain a rough answer using only mental maths. An approximate answer can sometimes be sufficient.

### How is estimation different from guessing?

Estimation is making a rough guess to the approximate answer but it does'nt have to be exact. Guessing is giving random answers without thinking whether it's approximate or not.

### Is one third a good estimate for 3 tenths?

Although it is not exact, it is a decent rough estimation

### How old can a fairy get?

Two hundred years on average, but it's a rough estimation Or 100 years

### Why do you need estimation?

Sometimes a quick but rough guess at the answer is preferable to an exact answer obtained after much time and effort.

### What part of speech is estimation?

The word estimate can be a noun and a verb. Noun: A rough calculation. Verb: To calculate roughly.

### How many pennies are needed to make a 1 foot cylinder?

Rough estimation here, but about 3 rolls of pennies. So..150 pennies.

### What is the estimation of Blue Whales?

A rough estimation is in low few thousands. This is because their were hunted and classed as endangered by 1950s. The pre-whaling population is estimated to be around 350,000 bur 88% of the Whales were killed and only a couple of thousand remain currently.

### How do you compute a square root?

Square roots are computed using the Babylonian method, calculators, Newton's method, or the Rough estimation method. * * * * * Or the Newton-Raphson method.