03/05/2023 Financial & Legal Services
Project Cost Assessment is the process of predicting the quantity, cost, and price of the resources required by the scope of a project. Since Cost Assessment is about the prediction of costs rather than counting the actual cost, a certain degree of uncertainty is involved. The Cost Assessment of a Project is a necessary thing before digging into a project because these cost assessments are one of the foundational pillars for safeguarding client expectations and the company’s bottom line as well.
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