There are many ways to estimate costs, and each one is a different blend of difficulty and accuracy. Knowing some of these basic methods may help you choose the right one for your firm.

The aim of effective project management is to bring the project to completion on time and on schedule. Estimating project duration is a key function of scheduling. Individual activities make up ...

For more information on these methods, see the references at the end of this chapter. There are two fundamental methods of estimation for simultaneous equations: least squares and maximum likelihood.

Construct sound estimators using the techniques of maximum likelihood and method of moments estimation. Construct and interpret confidence intervals for one and two population means, one and two ...

He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School for Social Research and Doctor of Philosophy in English literature from NYU.