According to the 2010 census, Minonk has a total area of 2.42 square miles (6.27 km2), all land. At the 2000 census, there were 2,168 people, 841 households and 587 families residing in the city. The population density was 1,587.6 per square mile (611.0/kmÂ²).
Sample direct cost components: first costs and its elements (P); annual costs (AOC or M&O); salvage/market value (S) Approaches: bottom-up; design-to-cost (top down) Accuracy: feasibility stage through detailed design estimates require more exacting estimates Some techniques: unit; factor; cost estimating relations (CER) Different Approaches to Cost ...
Some cost estimating techniques rely on software. Comstock Images/Comstock/Getty Images. One of the first tasks when managing a project is the cost estimate. A cost estimate must be accurate, transparent and reliable.These factors are particularly important for a small business because its resources are limited. Using standard techniques lets you see the details of the cost calculations.uch techniques give accurate results, and their reliability is high as long as the inputs used for the calculations are exact. When you calculate project costs using effective cost-estimating techniques, you will be able to assign corresponding resources and develop schedules to manage the project successfully.