3. Estimating analogy
3.1 Evaluating a size criterion
For each element of comparison, a criterion based on a notion of size should be established. Exclusively technical, this criterion depends on the estimation of the project manager or technical managers.
This provides an objective comparison coefficient with existing projects (the volume is X% greater than the previous project).
SCROLL TO TOP3.2 Evaluate cost trends
Based on the size criterion, it is possible to assess the trend in cost associated with...
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Estimating analogy
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Association for Advancement of Cost Engineering
AACE International was founded in 1956 by 59 cost estimators and cost engineers at the organizational meeting of the American Association of Cost Engineering.
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