estimation of cost

estimation of cost
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English-russian dctionary of contemporary Economics. 2014.

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  • 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… …   Wikipedia

  • estimation — 1. Fowler described the use of estimation in the phrase in my estimation (= in my opinion) as ‘illiterate’, a verdict which is negated by several centuries of use in this meaning: • The dearest of men in my estimation E. W. Lane, 1841 • It was… …   Modern English usage

  • estimation — es‧ti‧ma‧tion [ˌestˈmeɪʆn] noun [countable] 1. your opinion of the value, nature etc of someone or something: • His skills and abilities make him, in my estimation, an ideal candidate for the board of governors. 2. a calculation of what the… …   Financial and business terms

  • estimation — estimation, estimate both mean the act of valuing or appraising, but they are rarely interchangeable. In general, estimation implies the manner or measure in which a person or thing is valued or esteemed {the degree in which he is held in… …   New Dictionary of Synonyms

  • Cost of War — is a real time cost estimation counter for the Iraq War and the Afghanistan War maintained by the National Priorities Project. As of June 1, 2010 both wars had a combined estimated cost of over 1 trillion dollars, separately the Iraq War had an… …   Wikipedia

  • Cost escalation — is defined as changes in the cost or price of specific goods or services in a given economy over a period of time. This is a similar to the concepts of inflation and deflation except that escalation is specific to an item or class of items (not… …   Wikipedia

  • estimation — I (calculation) noun admeasurement, appraisal, appraisement, approximate calculation, approximate judgment of value, approximation, assessment, assumption, computation, conjecture, considered guess, deduction, educated guess, estimate, evaluation …   Law dictionary

  • Cost estimation in software engineering — The ability to accurately estimate the time and/or cost taken for a project to come in to its successful conclusion is a serious problem for software engineers. The use of a repeatable, clearly defined and well understood software development… …   Wikipedia

  • Estimation in software engineering — The ability to accurately estimate the time and/or cost taken for a project to come in to its successful conclusion is a serious problem for software engineers. The use of a repeatable, clearly defined and well understood software development… …   Wikipedia

  • Cost of capital — The cost of capital is a term used in the field of financial investment to refer to the cost of a company s funds (both debt and equity), or, from an investor s point of view the shareholder s required return on a portfolio of all the company s… …   Wikipedia

  • Cost overrun — A cost overrun, also known as a cost increase or budget overrun, is an unexpected cost incurred in excess of a budgeted amount due to an under estimation of the actual cost during budgeting. Cost overrun should be distinguished from cost… …   Wikipedia


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