Jan 25, 2019. Which means they must know how much to approve. Also called Rough Order
of Magnitude (ROM) or Rough Cost Estimate, or Conceptual Estimate. The
definition level is 90 – 100% and the accuracy of the estimate is 5.
Completed on time; Completed within budget; Completed at the desired level of
. The Project Initiation process allowed a foundation to define success per the.
The Rough Order of Magnitude (ROM) and the Discovery process were used.