vault backup: 2025-07-24 16:44:33
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---
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id:
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aliases: []
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tags:
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- estimating
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---
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# Traditional Estimating Methods
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Also "single-point estimation" as opposed to the standard three-point.
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@@ -5,7 +11,7 @@ Also "single-point estimation" as opposed to the standard three-point.
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"Traditional estimating methods" as referenced frequently in [[this notebook]]
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are those [[construction-estimating]] methods that produce:
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* an *exhaustive* and *specific* bill of material
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* an _exhaustive_ and _specific_ bill of material
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* a single, definitive final price for each bid item
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Such methods lack the ability to intelligently express [[uncertainty]].
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