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How does a drug such as leuprolide acetate work?
Analogous Estimate
A cost estimation technique that uses the actual costs of previous, similar projects as the basis for estimating the cost of the current project.
Budgeted Cost
An estimate of all financial resources allocated for specific activities or the entire project.
Earned Value
A project management metric that measures project performance by comparing the work performed's value to the planned value and actual cost.
Actual Cost
The total expense incurred for a project, activity, or item, reflecting the real financial expenditure.
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