Unique Skill ID: KS122FN6C971NB3RMGRM
Cost Estimation
Cost estimation is the process of calculating the resources required to complete a project or activity. It involves identifying all the necessary costs, including labor, materials, equipment, and overhead expenses, and projecting the total cost of the project or activity. Cost estimation is a specialized skill that requires expertise in project management, accounting, and finance. Accurate cost estimation is critical to the success of a project or business, as it helps to ensure that the project is completed within budget and on schedule.
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