Author: Christa Hardy

This lesson goes over making project estimations for time, costs, and resources.

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Terms to Know
Project Cost Estimates

The cost estimates or investment in dollars needed to generate project deliverables.

Project Estimates

Estimates relating to time, cost and resources that will be needed to achieve project deliverables.

Project Resource Estimates

Estimates of the resource requirements needed to generate project deliverables (including people resources, equipment and technology).

Project Time Estimates

The estimated time each project deliverable will require to complete.