Rough Order of Magnitude (ROM) Estimate and How to Calculate It (with example)
Rebel’s Guide to PM
MARCH 14, 2021
Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets. And we haven’t yet received the mandate to do a deep dive into requirements and scope that would enable more accurate results from the budget forecasting.
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