Two key features of a project are on-time and on-budget delivery. The project manager can only fulfill these objectives if the estimates leading to the project schedule and budget are accurate.

Preparing accurate cost estimates is a key function for a successful business, whether the estimate is for internal work or for a customer. Four major methods can be used to estimate what it will cost ...

Drilling costs can be estimated with a combination of established, analytic techniques. This article, concluding a three-part series, presents a general framework to estimate costs with a formalized ...