cost estimating uncertainty
Cost estimating uncertainty refers to the lack of exactness or predictability in determining the potential costs involved in a project or task, taking into account various factors and variables that can affect the final expenses.
Requires login.
Related Concepts (1)
Similar Concepts
- construction cost estimating
- cost estimating accuracy
- cost estimating contingency
- cost estimating in project management
- cost estimating metrics
- cost estimating risk assessment
- cost estimating variance
- cost estimation
- cost estimation and forecasting
- cost estimation models
- cost estimation techniques
- error estimation
- probabilistic uncertainty
- uncertainty analysis
- uncertainty modeling