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A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate.
Basis of estimate. Basis of estimate (BOE) is a tool used in the field of project management by which members of the project team, usually estimators, project managers, or cost analysts, calculate the total cost of the project. Through carefully planned equations, hierarchical listing of elements, standard calculations, checklists of project ...
v. t. e. Fursuits are custom-made anthropomorphic animal costumes owned and worn by cosplayers and members of the furry fandom, commonly known as "furries"; a furry who wears a fursuit is called a fursuiter. [1] The term is believed to have been coined in 1993 by Robert King. Unlike mascot suits, which are usually affiliated with a team or ...
Free base conversion ratio Morphine (base) II: 9300 1 Morphine citrate II: 9300 0.81 Morphine bitartrate II: 9300 0.66 Morphine stearate II: 9300 0.51 Morphine phthalate II: 9300 0.89 Morphine hydrobromide II: 9300 0.78 Morphine hydrobromide (2 H 2 O) II: 9300 0.71 Morphine hydrochloride II: 9300 0.89 Morphine hydrochloride (3 H 2 O) II: 9300 0 ...
The most basic element of a cost estimate and therefore the cost database is the estimate line item or work item. [3] An example is "Concrete, 4000 psi (30 MPa)," which is the description of the item. In the cost database, an item is a row or record in a table (of items) and the description is a column or field for that record.
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
Cost-plus contract. A cost-plus contract, also termed a cost plus contract, is a contract such that a contractor is paid for all of its allowed expenses, plus additional payment to allow for risk and incentive sharing. [1] Cost-reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount ...
The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...