Electrical Engineering · Project Management and Estimation
In project cost estimation based on accuracy levels, which type of estimate requires the project scope to be highly defined, aiming for an accuracy range within 0 to 5%?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Order of magnitude estimate
- 2Preliminary estimate
- 3Definitive estimate✓
- 4Feasibility estimate
Correct answer
Definitive estimate
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