Glossary

A collection of blog articles about common terms and topics in project management.

What is ROM and how to calculate it (with example)
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What is ROM and how to calculate it (with example)

What is a ROM estimate? A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets. But…