Iam looking to estimate the cost on a project, but I don't want to spend a lot of time on a Â detailed analysis. I really want a ballpark figure. What options do I have?

Use a rule-of-thumb or per-square-foot estimate

None - Cost estimating requires details to be accurate

Use the cost of similar projects

Iam looking to estimate the cost on a project, but I don't want to spe

1.	Iam looking to estimate the cost on a project, but I don't want to spend a lot of time on a Â detailed analysis. I really want a ballpark figure. What options do I have?
A.	None - Cost estimating requires details to be accurate
B.	Use the cost of similar projects
C.	Use a rule-of-thumb or per-square-foot estimate
D.	Add up the costs on the WBS
Answer» C. Use a rule-of-thumb or per-square-foot estimate

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Iam looking to estimate the cost on a project, but I don't want to spend a lot of time on a Â detailed analysis. I really want a ballpark figure. What options do I have?

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