Practical sheet | REF: FIC0923 V1

The analog method of cost estimation

Author: Jean-Pierre PAYRE

Publication date: August 10, 2022 | Lire en français

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    5. Our advice

    5.1 Improve the quality of your estimates

    • Improve your technical knowledge (expert work).

    • Make sure your project description is complete and accurate.

    • Keep your orders of magnitude in mind, and think critically.

    • Take the time you need to make your calculations.

    • Use databases based on recent projects.

    • Take into account the differences between geographical areas.

    • Discuss your assumptions and estimates with others.

    An experienced estimator is always better.

    And remember, these are just estimates......

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