TOPIC: Basis of estimates vs Cost Estimates

Basis of estimates vs Cost Estimates 5 years 6 months ago #17510

Jessica Aweya Topic Author Offline Fresh Boarder Posts: 1 Thank you received: 0	Hello, What is the difference between the basis of estimates, cost estimates and duration of estimates? Thanks Your e-mail address will never be displayed on the site. Check this box to be notified of replies to this topic. Note: BBcode and smileys are still usable.
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Basis of estimates vs Cost Estimates 5 years 5 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

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Basis of estimates vs Cost Estimates