Examlex
Groupthink is a cohesive group's blind unwillingness to consider alternatives.
Costs Estimation
The process of predicting or approximating the cost of completing a project or producing a good.
Engineering Method
A systematic approach to planning, designing, and managing projects by applying engineering principles and practices.
Least Squares
A mathematical method used to find the best-fitting curve to a given set of points by minimizing the sum of the squares of the offsets ("the residuals") of the points from the curve.
Cost Estimation
The process of forecasting the costs associated with a project or production process before it begins.
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