Respuesta :
The value that can be obtained from documenting an estimate, other than minimizing inaccuracies is that it improves communications between the customer, project team, and estimating team.
A thorough breakdown of all project expenditures is provided by accurate estimation and communication. If customers are aware of the "why" behind a project's cost, they are more inclined to accept your judgment and anticipate modifications to the cost estimate as the project develops. As a result, professional relationships improve.
It's crucial to keep in mind that the justification for estimates should be brief, and factual, and should outline the methods utilized to develop the cost estimate. The risks and opportunities associated with the project management strategy can be ascertained with the use of a well-written estimate's foundation.
Cost estimation serves the objective of providing project stakeholders with correct information about the associated project costs. When decisions are supported by data, making long-term decisions is made simpler.
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