One of the main outputs of project cost management is cost estimate. Project managers normally prepare several types of cost estimates for most projects. Examine the situations where you would prepare rough order of magnitude (ROM), budgetary and definitive cost estimates for an information technology project

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
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Chapter2: Introduction To Spreadsheet Modeling
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One of the main outputs of project cost management is cost estimate. Project managers normally prepare several types of cost estimates for most projects. Examine the situations where you would prepare rough order of magnitude (ROM), budgetary and definitive cost estimates for an information technology project.

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