Tag: Latest Revised Estimate Tool

Latest Revised Estimate Tool

September 2018 - The Latest Revised Estimate (LRE) Tool is a custom, offline software solution utilizing Microsoft Office. It was initially developed as a proof of concept to introduce automation to the client team’s estimation process. The standard is for managers to continually update their estimations for how much money an effort will take to complete. As the task progresses, they can adjust their estimates to reflect any under or overruns.

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