2 days ago · estimate, appraise, evaluate, value, rate, assess mean to judge something with respect to its worth or significance. estimate implies a judgment, considered or casual, that precedes or takes …

Estimation (or estimating) is the process of finding an estimate or approximation, which is a value that is usable for some purpose even if input data may be incomplete, uncertain, or unstable.

Estimating is a way of making a calculation more manageable. For example, if you were going to buy 12 items that cost £28.99 each then an estimate of the total might be £300 (rounding both ...

Oct 16, 2025 · When referring to estimating, most contractors are referring to a bid estimate, which is a precise evaluation of the costs associated with a particular project with a finished design.

Oct 18, 2008 · When estimating the level-of-effort required for any work package, activity or task, it is valuable to recognize that, as a discipline, estimating can be improved significantly over time.

Feb 2, 2026 · Project managers use a range of estimation techniques, such as analogous, parametric, bottom-up, three-point, expert judgment, and agile estimation, each designed for different data …

1. to form an approximate judgment or opinion regarding the worth, amount, size, weight, etc., of; calculate approximately: to estimate costs. 2. to form an opinion of; judge. 3. to make an estimate. n. …

Jumpstart your estimating education, earn PDUS, and work towards your ASPE Certificate in Construction Estimating. Join the ranks of nationally leading estimators certified by ASPE’s rigorous …

ESTIMATE definition: to form an approximate judgment or opinion regarding the worth, amount, size, weight, etc., of; calculate approximately. See examples of estimate used in a sentence.

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