Question: Check the right boxes in the table below: Statement Approximate Estimates Detailed Estimates A Requires completed design documents B Used for bidding C Used for

  1. Check the right boxes in the table below:

Statement

Approximate Estimates

Detailed Estimates

A

Requires completed design documents

B

Used for bidding

C

Used for feasibility studies

D

Requires high effort

E

Used for comparing alternative projects or designs

F

Used for project control

G

Quick and has high margin of error

H

Used for making initial financial arrangements

I

Its concept depends on comparing the unit cost to similar previous projects

J

Its concept depends on actual quantities and estimated prices for the estimated project

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