Examlex
Which of the following is an element of a good institution?
Rough Order Magnitude (ROM) Estimate
An early, approximate evaluation of the potential costs associated with a project, used for preliminary budgeting and planning purposes.
Ballpark Estimate
An approximate calculation or judgment of the value, number, quantity, or extent of something, intended to provide a rough understanding rather than precise accuracy.
Synchronous Communication
Synchronous communication refers to real-time exchanges where participants are present at the same time, such as in meetings or live chats.
Audio Conference
A telecommunication method that allows multiple people to participate in a conversation over audio channels without being in the same location.
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