what is estimation and how to do estimation
Answers
Answer:
How Do You Estimate Time for a Project?
Break down the project into activities and then further into smaller tasks, then estimate each task.
Take a look at similar projects you've done in the past and how many hours they took. ...
Take past project timelines and adjust them for differences in the new project.
Answer:
Estimation is the process of finding an estimate, or approximation, which is a value that is usable for some purpose even if input data may be incomplete, uncertain, or unstable.
Basis of estimation:
A basis of estimate (BOE) is an organized set of data and narrative information that explains the logic, methodology, calculations, and assumptions you use to define the tasks and determine the resources needed to accomplish the scope of work described in a government or other request for proposal (RFP).