This course will introduce the concept and purpose of cost estimating. An accurate estimate is a tool for key NPS personnel to make informed decisions regarding preliminary budgetary planning. A thorough condition assessment and a well-written scope of work are two crucial steps in the process of creating an accurate cost estimate. The three steps are reliant upon each other and each one has to be done correctly to avoid negative effects on the whole process.
- Define a Cost Estimate
- Explain the purposes of cost estimate<./li>
- Identify additional resources to complete the cost estimate
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