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Apply the selected estimating methodologies to the collected data to produce a single point estimate for each WBS element. This step involves building cost estimating relationships (CERs), applying learning curves, developing labor-hour estimates, and aggregating bottom-up engineering estimates. The point estimate represents the most likely cost before risk and uncertainty adjustments.
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Bureauify. (2026). Develop the Point Estimate — Federal Contract Intelligence. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/glossary/develop-point-estimate
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