Estimating Practice Exam

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What form will be presented to facilitate easier evaluation of the estimate after the recap is complete?

summary
report
outline
analysis

The correct answer is: summary

The summary is the most appropriate choice when it comes to facilitating the evaluation of an estimate after a recap is complete. It serves as a concise overview that captures the key points and highlights necessary data from the detailed estimates. This concentrated view allows stakeholders to quickly understand the essential aspects of the project, making it easier to assess overall accuracy, cost implications, and critical assumptions without wading through extensive details. By providing this streamlined information, a summary allows for swift decision-making and effective communication among team members and clients. It connects various elements of the estimates, offering clarity and insight that are crucial for evaluating their feasibility and profitability. In situations where time is of the essence and clear logical presentation is required, a summary becomes an invaluable tool.