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A basic estimating spreadsheet. Cost estimators used columnar sheets of paper to organize the take-off and the estimate itself into rows of items and columns containing the description, quantity and the pricing components. Some of these were similar to accounting ledger paper. They became known as green sheets or spreadsheets.
Cost estimation models. Cost estimation models are mathematical algorithms or parametric equations used to estimate the costs of a product or project. The results of the models are typically necessary to obtain approval to proceed, and are factored into business plans, budgets, and other financial planning and tracking mechanisms.
Software development effort estimation. In software development, effort estimation is the process of predicting the most realistic amount of effort (expressed in terms of person-hours or money) required to develop or maintain software based on incomplete, uncertain and noisy input.
List of countries by motor vehicle production. This is a list of countries by motor vehicle production based on International Organization of Motor Vehicle Manufacturers and other data from 2016 and earlier. Figures include passenger cars, light commercial vehicles, minibuses, trucks, buses and coaches. [ 1]
A burndown chart or burn down chart is a graphical representation of work left to do versus time. [ 1] The outstanding work (or backlog) is often on the vertical axis, with time along the horizontal. A burn down chart is a run chart of remaining work. It is useful for predicting when all of the work will be completed.
Linear trend estimation. Linear trend estimation is a statistical technique used to analyze data patterns. Data patterns, or trends, occur when the information gathered, tends to increase or decrease over time, or is influenced by changes in an external factor. Linear trend estimation essentially creates a straight line on a graph of data that ...
Basis of estimate. Basis of estimate ( BOE) is a tool used in the field of project management by which members of the project team, usually estimators, project managers, or cost analysts, calculate the total cost of the project. Through carefully planned equations, hierarchical listing of elements, standard calculations, checklists of project ...
Cost estimate. A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost ...
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