Processes

Refine order of magnitude estimate

How refine order of magnitude estimate are reshaped as AGI capability advances.

ProcessesRefine order of magnitude estimate
Refine order of magnitude estimate — illustrated

Business-as-Code

Read as an executable program — the work decomposed into Code, Generative, Agentic, and Human.

Refine order of magnitude estimate sits inside a larger value-flow — 1 parent structure it composes into. The hierarchy is grounding, not the story: it tells you which aggregate exposure Refine order of magnitude estimate inherits.

Where Refine order of magnitude estimate sits

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How the work flows

Trigger: Updated project specifications, engineering data, or supplier quotes become available following the initial rough order of magnitude estimate.

  1. Review initial estimate and baseline assumptions
  2. Integrate updated engineering and design specifications
  3. Gather revised quotes from suppliers and subcontractors
  4. Recalculate labor, material, and overhead costs
  5. Adjust risk margins and contingency reserves
  6. Document the refined estimate and variance analysis

Outcome: A higher-confidence, narrower-variance cost and schedule estimate is finalized for budget approval or bid submission.

Measured by

Estimate AccuracyEstimate VarianceCycle Time To Refine EstimateCost Of Estimating Process