Estimation

From Free net encyclopedia

Estimation is the calculated approximation of a result which is usable even if input data may be incomplete, uncertain, or noisy.

recursive input from output, can purify results to be approximately accurate, certain, complete and noise-free.

  • In project management (ie. for engineering), accurate estimates are the basis of sound project planning, and are a critical component of . Many process which have been developed to aid engineers in making accurate estimates, such as

compartmentalization (ie. breakdown of tasks), structured planning, educated assumptions, identifying dependencies, examining historical data, estimating each task, and documenting the results.

Popular estimation processes include:

See also

External links