vault backup: 2025-10-01 17:05:32

traditional-estimating-methods.md

@@ -1,7 +1,7 @@
 ---
 id:
 aliases: []
-tags: 
+tags:
   - topic/estimating
 ---
 # Traditional Estimating Methods
@@ -22,7 +22,7 @@ Such methods lack the ability to intelligently express [[uncertainty]].
 
 Traditional estimating methods, sometimes referred to as "Detailed Takeoff",
 seek to detail all constituent subcosts,
-including 100% itemized pricing by way of a *material extension*,
+including 100% itemized pricing by way of a _material extension_,
 a complete list of all material included in the price.
 
 For clarity and contrast to [[risk-oriented-estimating]],
@@ -37,7 +37,7 @@ for little reward in overall **precision**.
 > [!info] Pareto Principle
 > The Pareto principle states that for many outcomes,
 > roughly 80% of consequences come from 20% of causes.
-> 
+>
 > In the case of estimating efficiency, this means that optimal strategy
 > is to focus on the 20% of estimating effort
 > representing 80% of the overall efforts contribution to the total.