Estimating Practice Exam

What is a sorted list of items that are part of an estimate called?

1. Breakdown

2. Recap

3. Summary

4. Index

The correct answer is: Recap

The correct term for a sorted list of items that are part of an estimate is "Breakdown." A breakdown typically includes detailed categories and subcategories that provide clarity and organization within the estimate. This thorough arrangement allows for easy reference and analysis of the various components involved in a project estimate. In estimating, having a clear breakdown helps stakeholders understand the cost structure and resource allocation, facilitating better decision-making. The term "recap," while it may refer to a summary of information, does not specifically indicate that the items are organized in a sorted manner related to an estimate. Similarly, while "summary" can imply a condensed version of the information, it does not capture the idea of an organized list of items. "Index" usually refers to a reference list that aids in locating information within a document but does not denote a sorted list directly related to an estimate. Thus, a breakdown is the most precise term in this context.