20 lines
474 B
Markdown
20 lines
474 B
Markdown
---
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id:
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aliases: []
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tags:
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- topic/estimating
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---
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# Traditional Estimating Methods
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Also "single-point estimation"
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as opposed to the standard three-point.
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"Traditional estimating methods"
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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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* 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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