Reply: Basis of estimates vs Cost Estimates

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Message	Write Preview [quote="Cynthia Lim Louis, PMP" post=17579]Basis of estimates = how the cost is derived. Cost estimates = the estimated cost that are included to complete an activity. Duration estimates = the estimated time period required to complete an activity[/quote]

Topic History of : Basis of estimates vs Cost Estimates

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4 years 10 months ago #17579
Cynthia Lim Louis, PMP	Basis of estimates = how the cost is derived. Cost estimates = the estimated cost that are included to complete an activity. Duration estimates = the estimated time period required to complete an activity

4 years 10 months ago #17579

Cynthia Lim Louis, PMP

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Basis of estimates = how the cost is derived.
Cost estimates = the estimated cost that are included to complete an activity.
Duration estimates = the estimated time period required to complete an activity

4 years 10 months ago #17510
Jessica Aweya	Hello, What is the difference between the basis of estimates, cost estimates and duration of estimates? Thanks

4 years 10 months ago #17510

Jessica Aweya

Jessica Aweya's Avatar

Hello,

What is the difference between the basis of estimates, cost estimates and duration of estimates?

Thanks

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Basis of estimates vs Cost Estimates