What is a basis of estimate?
A basis of estimate (BOE) is the documented set of assumptions, inclusions, exclusions, and data sources behind an estimate — the 'show your work' for a number.
A BOE makes an estimate defensible: it records what scope was assumed, what was left out, which prices and productivity rates were used, and the level of design the estimate was built from.
Pairing a price with a BOE — and an accuracy range — is the difference between a credible estimate and a guess.
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Ask Donnie answers code questions cited to your jurisdiction and turns a plan into a deterministic estimate. Free to start.
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