Question

What is the difference between close estimation and rough estimation? Explain with examples.

Answer 1

Question:-

What is the difference between close estimation and rough estimation? Explain with examples.

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Close estimation:-

• Estimate. more ... To find a value that is close enough to the right answer,

• usually with some thought or calculation involved.

• Example: Alex estimated there were 10,000 sunflowers in the field by counting one row then multiplying by the number of rows.

Rough Estimation:-

• A Rough Cost Estimate is an initial estimate that uses prior experience

• and other non-project data to estimate the cost of a project.

• It is also called a Rough Order of Magnitude (ROM) estimate, or a Conceptual Estimate.

hope it helps you..