Cost estimation models

id: cost-estimation-models-272-5250012
title: Cost estimation models
text: 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. These algorithms were originally performed manually but now are almost universally computerized. They may be standardized or proprietary, depending on the type of business, product, or projec
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Cost_estimation_models
date created:
date modified: 2021-08-01T09:19:22Z
main entity: {"identifier":"Q2897265","url":"https://www.wikidata.org/entity/Q2897265"}
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fields total: 13
integrity: 13

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