Cost Estimation

Cost Estimation

Cost estimation is the practice of forecasting the cost of completing a project with a defined scope and predicting the quantity, cost, and price of the resources required by the scope of a project. The approximate total project cost, called the cost estimate, is used to authorize a project's budget and manage its costs. Our professional estimators are using modern techniques to create cost estimates that are used to assess the financial feasibility of projects, to budget for project costs, and to monitor project spending.