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What (who) is cost estimate - definition
Cost estimate
TYPE OF ESTIMATE
Cost estimation; Cost estimating; Rough order of magnitude
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process.
Cost, Texas
HUMAN SETTLEMENT IN TEXAS, UNITED STATES OF AMERICA
Cost, TX
Cost is an unincorporated community in Gonzales County, Texas, United States. According to the Handbook of Texas, the community had an estimated population 62 in 2000.
Cost estimation models
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.
Examples of use of cost estimate
1. "We do not have a cost estimate publicly," Giddens said.
2. Authorities had no immediate cost estimate of the damage.
3. No cost estimate was provided, but officials said it would be at least several billion dollars.
4. That discovery helped push the CRS cost estimate higher than estimates from independent budget analysts.
5. Shell‘s July 2005 cost estimate derailed talks between the two companies.