cost estimate
Budgeted expense forecast
A cost estimate is a prediction of how much something will cost before the money is actually spent.
Cost estimates guide budgeting for construction projects, business ventures, and government programs.
They range from rough guesses to detailed calculations: The contractor's cost estimate came in higher than expected.
The accuracy of a cost estimate depends on how much is known at the time it's made.
- budgetPlan for spending
- quoteRepeated words from another
- bidOffer to purchase
- proposalFormal plan for consideration
- ball park figureRough numerical estimate
ballpark · projection · pricing · contractor · renovation · construction · breakdown · line item · labor · materials · overhead · markup · contingency · change order · scope · preliminary · rough · detailed
- estimatesballpark, ballpark figure, guesstimate, approximation, rough calculation
- procurementprocurement, purchasing, purchase order, bidding, subcontract
- designdesign principles, functionality, emphasis, unity, graphic design
- planningplan, planned, planners, to-do lists, calendars
- reportsdaily report, weekly report, monthly report, progress report, final report
- projectionsmap projection, 3D projection, film projection, azimuthal, Mercator
cost estimateactual cost
True expenditure incurred
final bill · closing statement · fixed price · invoice · contract price
cost, estimate, costs, costing, costly, costliness, estimated, estimates, estimating