Jan 25, 2019. Since a project is, by definition, temporary, somebody must approve a. Also
called Rough Order of Magnitude (ROM) or Rough Cost Estimate. The
definition level is 90 – 100% and the accuracy of the estimate is 5 – 10%.
May 10, 2016. Planning leads to estimation of items or tasks to be executed in a project. tells
that a “rough order of magnitude” (ROM) estimate is applicable during the. Story
point is not a defined field in MS Project, so you have to create.
On those projects where an estimate was required prior to an investment of. to
produce a Rough Order of Magnitude estimate which could be used to make an
. Before the Project Initiation process, project scopes were not defined for all.